Business for sale. Exceptional opportunity to export SA product to various countries.

Business for sale. Exceptional opportunity to export SA product to various countries.

Introduction:

• This business was started about 10 years ago with an excellent idea and very feasible product.
• The owner built the business up over years but 2 things occurred that hampered further growth- i.e. Covid and the fact that due to personal circumstances the owner moved back to Europe.
• At this stage thus, the business (comprising of packaging rooibos into various well researched products and export same), is run by local staff in SA (sales and production team).
• Due to Covid though, persons became more health conscious and rooibos is world renowned for its health/wellness ingredients.
• The product has a strong brand, the business has a good customer base with minimum overheads and more marketing needs to be done and new overseas markets needs to be sourced.
• The only reason for selling as mentioned above, is that the owner has moved overseas permanently and although he thought he could manage the business from that side, in practice it didn’t work out as planned.

Finances- awaiting the latest audited financials

• Turnover is R3 million
• Cost of sales- 55%
• GP- 45%
• Due to the fact that this business can be moved and accordingly the lease amount and other expenses will vary accordingly, a NP (EBITDA) will depend on those expenses.
• Sales for the 1^st quarter of 2025 is up by 25%, and the payroll has been reduced as well.
• Previous years finances are available to an interested buyer.

Selling price:

• R2,5 million