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Listing ID: 1069423

Meat Deboning Factory For Sale

Johannesburg, Gauteng, South Africa

BUSINESS SOLD

Revenue: R 230,000,000

Cash Flow: R 12,000,000

Business Description

This slickly organized meat deboning factory situated near Gauteng generated pre tax profits of R8 mill over the past 12 months and is on course to generate pre tax profits of ca R12 mill over the next 12 months.

The business is professionally managed with little involvement by the owners.

The business model is very simple: Buy carcasses from abattoirs,cut them up to customer specifications and deliver, all within a day or two. The process is simple, repetitive and slickly organized. Everything that is purchased is sold: waste is negligible. Debtors and creditors payment terms are either cash or seven days from invoice.

Recently concluded long term contracts with major chains are increasing sales by at least R100 million/year and profits by at least R6,0 million/year to at least R14 mill per year.

The asking price of R12 million is therefore less than the budgeted profit for the next 12 months. But an additional R1 million of capex is required to reach this target.

Adequate supplies of slaughtering stock at excellent prices have been secured to support the current sales growth. Various abattoirs have been contracted for the primary processing process.

The seller is a farmer that has identified various capital intensive opportunities in the farming environment and needs the capital and especially the time to focus on them.

This unusually attractive business opportunity offers a seasoned businessman with excellent financial management and good negotiating skills an opportunity to create substantial wealth in a low-business risks environment. No specific skills in the meat industry are required


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The sale of this business is being handled by Lombard Goldwater Associates, the oldest firm of independent business brokers in South Africa. For meticulously professional service, contact Dawie Lombard at 011 894 5581 (24/7), or view website www.lombardgoldwaterassociates.co.za

Property Details

Years Established:

10

Property Type:

Lease

Other Details

Business Location:

Near Johannesburg

Premise Details:

Rented

Competition:

Limited

Expansion Potential:

Contracts in place to increase sales by R100 million/year to R230 million / year with immediate effect.

Operation Details

Employees:

40

Trading Hours:

Normal factory hours

Support & Training:

Management to stay on in busness.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Farmer owner wishes to concentrate on his farming activities

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