Ice Cream Manufacturing Business In Natal North Coast For Sale

Business description

Ice cream and related products are manufactured and packaged, thereafter stored in walk in deep
freezers in the factory. The owns about 130 chest deep freezers situated in retail outlets throughout the area. A delivery van restocks these freezers on a regular basis.

The business has 130 outlets in 30 towns around Northern Natal and Zululand.

In the area there are no other ice cream manufactures.

The business manufactures ice cream. Full cream ice cream is manufactured
using 3 ice cream making machines capable of producing 1000kg of ice cream
per shift. Ice cream is packaged into 200ml cups and 5 liter tubes and is
delivered to 130 outlets in 30 towns around Zululand and Northern Natal.
Merchandising in the shops is mainly in chest deep freezers supplied and
owned by this business. The factory has a factory shop selling to traders and
the public. This shop does an average of R40 000 per month.

Property information

Real Estate:

Lease

Leasehold rent:

R216,000 per annum

Location:

The premises are situated in a light industrial area, centrally located for distribution as well as for the factory outlet shop that is very popular being close to a taxi rank.

Premises details:

Well suited for this business, there is ample space to expand if need be. The size of the premises is 350m2 rentable area.

Business Operation

Expansion potential:

The market has not been fully penetrated. There are still opportunities in many
areas particularly the spaza shops.

Competition / Market:

In the area there are no other ice cream manufactures. So the competition is Ola Ice Cream and Nestle, neither of which can compete on price.

Reasons for selling:

The owner has been offered a challenging contract with a large mining company that he would like to take on before going on retirement.

Trading hours:

Normal factory hours during the winter going to a double and triple shift in the
high season.

Employees:

The business employs 7 full time staff members and takes on short term contractors during the summer months.

Years established:

The business opened in 2006 under a previous owner.

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

It may be a possibility to the right person.

Furniture / Fixtures value:

R2,200,000 (included in the asking price)

Inventory / Stock value:

R50,000 (included in the asking price)

Relocatable:

This business can be relocated.