Manufacturing and international distribution of street food trucks.
Introduction:
- This very viable designing and manufacturing of street food trucks business has been carefully and meticulously planned and executed over 16 years.
- The owner had to start and maintain a very high and practical standard of production due to supplying these trucks to some of the most well known national and international clients (these include clients in New Zealand, Australia and some European countries).
- During these 16 years, the Seller selected and trained 8 staff members of which some of them has been with the company for a long period- this results in having a stable workforce, but more importantly the production side can be left in the hands of the capable staff, whilst the owner can concentrate on the admin/sales/marketing side of the business
- This side also includes where the owner can concentrate in creatively designing trucks according to the client needs- ie a client wants to sell sausages, the Seller will design a truck that reflects a sausage- this differentiates these trucks from the usual run of the mill (same shape, same white colour) trucks.
- The reason for selling the business is that the Seller is emigrating to Europe- this leaves an option for a Buyer to come to an agreement with the Seller to source more clients in Europe (the essence of such an agreement can be agreed upon)
Finances:
- Full financials are available
- Assets and stock can be determined on effective date- this will depend on outstanding orders on the effective date
- Annual turnover R6,3 million- the turnover for the period 1/3/2023 to 30 November 2023 is on the same track
- GP – R3,5 million- 55%
- NP (EBITDA)- R2,16 million
Selling Price:
- R7,7 million plus stock- this gives a ROI of 28%
