Businesses for Sale in South America

Independent auditor's report: Consolidated financial statements (last 3 years): The consolidated financial statements of our company and its subsidiaries (the group) for last 3 fiscal years have been audited in accordance with International Standards on Auditing (ISAs). Our examination confirms the fair presentation of the group's financial position, with revenue recognition complexities across Venezuela, Colombia, and the United States emerging as critical audit areas. The group demonstrated a 45.8% gross margin improvement by last year despite geopolitical challenges in its core Latin American markets. Key findings include robust trademark valuation growth (reaching $3,105,988 last year) and successful implementation of a multi-channel distribution strategy that increased cross-selling efficiency by 67.1% - Report on the audit of consolidated financial statements: Our opinion: We have audited the consolidated financial statements of our company and its subsidiaries, comprising: - Consolidated statements of financial position as of December 31 since last 3 years. - Consolidated statements of comprehensive income. - Consolidated cash flow statements. - Notes detailing significant accounting policies under IFRS. In our opinion, these financial statements present fairly, in all material respects: - The group's financial position across its Delaware headquarters, Venezuelan subsidiary, and Colombian operation. - Operational results reflecting its strategic shift from distributor-dependent sales to direct channel management. - Cash flows impacted by working capital fluctuations, including a 52.79% cash reduction offset by improved inventory turnover. Basis for opinion: Our audit adhered to ISAs and IESBA code requirements, incorporating: - Entity-specific risk assessment: Evaluated geopolitical exposures in Venezuela (OFAC compliance) and currency risks in Colombia. - Revenue testing: Sampled 39% of transactions across 64.18% traditional, 23.39% retail, and 8.06% e-commerce channels. - Valuation analysis: Engaged specialists to validate level 3 financial instruments tied to the $5 million debt issuance program. Key audit matters: Multi-jurisdictional revenue recognition (IFRS 15) The group's revenue streams require complex assessment due to: - Geographical diversity: 43.8% brand coverage across three regulatory regimes. - Contract variability: Franchise entrance fees (4.37% of sales) vs. government tender payments. - Cut-off procedures: Verified timing of $6.28 million in last year's sales through shipment documentation and bank confirmations. Audit response: - Tested 78 contracts representing 61% of total revenue. - Reconciled Amazon best-seller rankings (Mi Ni Care brand) with e-commerce receipts. - Confirmed HORECA channel sales through third-party attestations. Intangible asset valuation (IAS 38): Trademark portfolio growth ($2.34M to $3.11M over the last 3 years) required evaluation of: - Brand royalty rates: Compared to industry benchmarks (7-12% royalty range) - Market penetration: Analyzed 76.3% SKU coverage improvement. - Legal protections: Verified patent filings for products formulations. Audit response: - Performed impairment indicators analysis using same-store sales metrics. - Tested trademark renewal payments against USPTO records. - Assessed dilution risks from counterfeit products in Venezuelan market. - Debt instrument fair value (IFRS 13) The $5 million debt issuance necessitated: - Credit spread analysis: Compared to BB-rated Latin American consumer goods issuers. - Hedging effectiveness: Evaluated cross-currency swaps for USD/VES exposures. - Covenant compliance testing: Debt/EBITDA ratio maintenance at 3.2x. Audit response: - Modeled 5-year cash flows under 3 macroeconomic scenarios. - Validated debt pricing against Bloomberg terminal data. - Confirmed hedge accounting treatment with derivative specialists. Other Information: Management’s annual report discusses: - Post-pandemic recovery strategies yielding 17.3% sales growth (over the last 3 years) - Supply chain optimization reducing COGS by 14.6% since 3 years. - Environmental engineering initiatives: No material inconsistencies were identified between management commentary and audited financials. Governance and responsibilities: Management’s role: The executive team (CEO and COO) implemented: - Franchise expansion model: Increased activation rates by 53.7% through FED framework. - Product diversification: Launched oncology-specific line while maintaining 37.9–45.8% gross margins. - Risk mitigation: Maintained OFAC-compliant operations despite Venezuelan sanctions. Auditor’s responsibilities: Our procedures addressed: - Going concern: Analyzed liquidity buffers against $1.43M current assets (2 years ago) - Related parties: Confirmed arm’s length terms with founders' family-owned distribution networks. - Tax compliance: Reviewed transfer pricing documentation for intercompany transactions. Conclusion: Our company’s consolidated financial statements for the last 3 years represent fairly its financial recovery and strategic repositioning. The audit opinion remains unmodified despite challenges posed by: - Working capital volatility: inventory surge to $460,569.77 2 years ago. - Currency risks: VES devaluation impacts on Colombian subsidiary results. - Ownership concentration: 57.5% control by founder. The group demonstrates capacity to execute its $7–10 million valuation growth plan, supported by improved operational metrics and defensible IP portfolio.

Located in Tibau do Sul, a popular travel & leisure destination. - Legally set up as a Condo which allows selling individual units, practically administrated as a hotel, not a condo. - Unique business model of offering apartment-size units for travelers. - 900 meters from the beach, with a big pool and tropical garden on the premises. - Employs 6 people, aiming to provide a tranquil atmosphere for families and nomads. - Total land area of 4,000-5,000 m sq with a temperature of around 30 degrees Celsius year-round. - On-site restaurant offering a variety of meals for guests. - Perfect for couples, families, and nomads looking for a relaxing vacation spot. - All our booking come through online and referral. - Certain units were sold but we are buying back so that the whole place is for sale. - All units with main room and kitchen.

Established 9 years ago and provides services to hundreds of clients. - Professional team with great talent, experience, and commitment. - Great potential to scale business and expand operations. - Opportunity to acquire a fully operational outdoor-indoor and mobile advertising company.

Serving nationwide coverage, catering to customers throughout Colombia. - One of the largest companies in the country, recognized on a national scale. - Proud distributors of multiple renowned brands. - Demonstrated consistent growth and expansion across the nation. - Two well-ranked websites that enjoy national visibility. - Impressive ratings and positive reviews on Google Business. - Majority of the revenue is from offline distribution and sales. - Established as one of the most recognized companies nationwide. - Inventory is always available for easy access. - Nationwide shipping is available for customers' convenience. - Located in a highly commercial area, renowned as one of the most recognized points of sale nationwide. - Managing the business with 5 experienced staff as this is a single store with all the items in one place.

The company has only 4 competitors in Venezuela with more than 20 clients around Venezuela from South to West. - We have been in this business for the last 42 years. - Partnership with two companies, one national and one international. - Employees typically stay for no more than 5 years. - Highly experienced staff providing high-quality products and services.

Hotel for mostly executive use that expands to the beach environment with a beach club just 100 meters away which makes it a city/beach hotel. It has attractions within the facilities which allow the guests to enjoy delicious dishes in its innovative restaurant where they enjoy drinks of any kind. It has an annual fixed clientele of businessmen and companies who participate in fairs and meetings on the island of Margarita, which has promising growth due to the economic development that the island is having. Note: This transaction is being handled by real estate brokers based in Venezuela. We are willing to provide to any detail or additional information.

This is a seasonal business which is open from November to May for the kite season. - The hostel has 8 rooms out of which 6 are private rooms with ACs and the other 2 are dorm rooms. - Hostel can accommodate up to 25 guests and it will be completely occupied during the season. - There is a need to expand the business because, during the last season, we had to rent out rooms from other houses on the road because of more demand. - The hostel has glowing reviews on Google. - We charge USD 20 per night for dorm rooms and USD 40-50 per night for private rooms which includes breakfast.

The company has more than 220 points of sale with its retail partners spread across 14 states in Brazil. - 12 industries that also use products in the domestic market, 2 industries in the foreign market, in addition to the e-commerce that covers 100% of the online territory. - With more than 40 clients, the company has 226 retail points of sale, when segmented presents 152 points of sale in 6 of the 50 largest home centers in Brazil. - We are already in negotiation with 11 more companies in the same segment that in total will add another 345 points of sale spread throughout Brazil. - We started with a small partnership, and today we have a large supply of products such as decks, lumber, slat, tabletop, and beam. - Not for the creativity of the company, the quality of the products is extremely good this makes our customers leave very happy to buy our products in Leroy Merlin stores. - The order value of the business is high.