Food Ingredients Company for Sale in Johannesburg, South Africa

For Sale: Licensed manufacturer of pop cake mix distributing to 100 clients.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 230 thousand
EBITDA Margin 16 %
Industries Food Ingredients
Locations  Johannesburg
Local Time 5:57 AM South Africa
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: ZAR 6,000,000)
Reason: Plan to emigrate.
Includes physical assets worth USD 360 thousand
Interested to connect with advisors
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Business Overview

- Company manufactures cake under their own brand name and supplies to 100+ distributors.

- Manufacture about 2 tonnes of pop mix/month. Currently, running at 20% capacity.

- The factory can produce up to 12,000 tonnes/month.

- Cake pop mix is supplied to distributors from South Africa, Singapore, Hong Kong, Dubai, Saudi Arabia, and Mauritius.

- Cake pop mix is also popularly known as waffle mix.

- 70% of the quantity is exported to other countries.

- 30% of revenue from local hotels.

- Produce different types of flavors.

- 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 and distribute pop cake mix or waffle mix.

Assets Overview

Assets include a ribbon blender, client database, racks 80 pop cake mix making machines, and a 10 pallet jacks.

Facilities Overview
Recent Activity
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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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