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Food Ingredients Company for Sale in Johannesburg, South Africa

For Sale: Licensed manufacturer of pop cake mix distributing to 100 clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 510 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 16 %
Industries Food Ingredients
Locations  Johannesburg
Local Time 1:45 PM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: ZAR 4,500,000)
Reason: Plan to emigrate.
Includes physical assets worth USD 250 thousand
Interested to connect with advisors
Documents
Business Overview
- Company manufactures pop cake under license and their own brand of waffle mix and supplies to 100+ hotels/distributors.
- Manufactures about 2 tonnes of mix/month. Currently, running at 20% capacity.
- The factory can produce up to 12,000 tonnes/month.
- Cake pop mix is supplied to hotels in South Africa, and distributors in Singapore, Hong Kong, Dubai, Saudi Arabia, and Mauritius.
- 70% of the quantity is exported to other countries.
- 30% of the revenue from local hotels.
- Produce different types of flavours.
- We do not have any long term contracts. All orders are supplied on-demand basis.
- Consignment is sent after receiving an order from the distributors.
- Buyer can try out and expand in Indian Ocean Islands as there is a large scope and an untapped opportunity.
- Sales have dropped due to the pandemic.
- We do paid marketing on Facebook and Instagram.
- Promoter has been running the business for 8 years.
Products & Services Overview
Manufacture of pop cake mix and waffle mix.
Assets Overview
Assets include a ribbon blender, client database, storage racks, 80 pop cake machines and a pallet jack.
Facilities Overview
Leased mini factory unit with a space of 300 square meters. The lease is valid till January 2021 after which it needs to be renewed. The monthly rent is ZAR 23,000.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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