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Publishers and Distributors of Collectible Books

PROFILE
Description:		This long-established publishing business has a large clientele. They are book publishers, who produce (design, photograph, index, edit, etc. - illustrated books and then warehouse and sell them to bookshops; being their core business. They also publish bespoke books for individuals and corporate clients.
Industry / Sector:

LOCATION
State / Province:		Western Cape RSA
City / Town:		Cape Town
Location / Area:		Suburbs
Metro Proximity:		Cape Town. It should be possible to commute from this metro city to the business location.
Portability:		The new owner must relocate the business

PRICE
Asking Price:		R 4 200 000
Conditions:		The price includes Goodwill and fixed assets only

FINANCIAL & OPERATING INFORMATION
Turnover:		R 345 833 per month
Profit:		R 118 449 per month
Annual Return:		34 % per annum
No. of Staff:		3
Year Established:		2012
Legal Persona:		Close Corporation
Other Information:		DISCLAIMER REGARDING INFORMATION No representation or warranty, express or implied, is given as to the accuracy or completeness of the contents of this profile. The only representations and warranties that will be made are those that may eventually be included in a definitive agreement to the proposed sale of the vendors' interests in the business. Neither this profile nor any of the information contained in it shall form the basis of any contract for such sale, nor does it constitute an offer, invitation or inducement to purchase or acquire any shares in the business or any interest in it. FLEXIBILITY ABOUT PRICE/NEGOTIABILITY The asking price is marginally negotiable and based is based on goodwill and fixed assets valued at R180,000. The final price will be determined by the final/actual value of stock on hand at the take- over date and transfer of the business to the Buyer. GENERAL INFORMATION For the reason of Extreme confidentiality, limited information is disclosed on this web page and in the public domain. Full details will be provided by the appointed broker, or at a personal interview with the principals only, subject to the terms of a confidentiality agreement (NDA) to be signed. FINANCIAL INFORMATION Detailed financials will be made available to approved buyers at a personal meeting with the sellers and they will verify all trading. The financial information reflected above is based on Turnover, gross profit, expenses and Net Profit figures provided by the Seller and extracted from signed financials, management accounts and current year forecast/budgets. The EBITDO has been calculated by the Broker and based and on the seller's information. POTENTIAL This aspect will be detailed in the evaluation pack that will be provided to approved buyers at a personal meeting with the sellers, subject to the terms of the (NDA). This business will be ideally suited to an existing and established publishing company, to maximise profits and integrate systems. REASON FOR SELLING The owners either plan to retire and/or consider investing in other unrelated business opportunities. HANDOVER AND TRAINING The sellers are prepared to assist the buyer for a training and hand-over period, subject to negotiated conditions and terms. PROOF OF FUNDING REQUIREMENT Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase. In terms of the Broker's mandate, the Seller will not entertain any discussions, or consent to provide any details or documentation; or accept any offer unless you first meet these criteria. The Potential Buyer will need to provide proof of these financial requirements in your initial enquiry. CONFIDENTIALITY AGREEMENT Full details/evaluation pack will only be provided by the appointed broker subject to signing a confidentiality agreement (NDA) and the Approval by the sellers to release information.

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.

Record ID: 2942

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