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.
Full Sale
Asking Price:
USD
270 thousand
(Native Currency: ZAR 4,500,000)
Reason: Plan to emigrate.
Includes physical assets worth
USD
270 thousand
Interested to connect with advisors
In talks with 3 Investors