Complete Sauce Manufacturing Operation For Sale

Business description

Expensive specialized equipment and office furniture has been purchased by the business and is available to the new owner with an experienced operator. The factory equipment has been financed by Business Partners (The Seller will ensure that the Purchaser provides a clearance from Business Partners.) A number of clients exist – current turnover is some R35,000 per month. The Selling Price of the Goodwill in the Business will paid only if the Target turnover R120,000 p.m. is achieved within 6 months. This implies an estimated profit of R48,000 per month before tax.

Property information

Location:

New premises are required for volume production. The Seller will move the business to the Purchaser’s premises and set up the facility.

Other information

Expansion potential:

Opportunities for expansion into export are a possibility. The business is currently running on a skeleton staff with low levels of sales. The premises are shared and no longer suitable for volume production. A new manufacturing facility is needed

Competition / Market:

This is a niche market with very few competitors.

Support & training:

The Seller will assist the business for 6 months with product design, labels and costing. In addition, the new owner will be assisted with sales and marketing, including introductions to customers. There will also be training of manufacturers staff to make the range.

Reasons for selling:

The business is undercapitalised and cannot take advantage of opportunities without a capital injection.

Trading hours:

Business hours

Financing available:

Yes, equipment is currently financed by Business Partners and this can be taken over.

Furniture / Fixtures value:

R350,000 (included in the asking price)

Inventory / Stock value:

R10,000 (included in the asking price)