Mega Butchery (29% ROI)! For Sale

Description

ABOUT THIS BUSINESS:This is a leading butchery in the area and widely regarded as the top operator in its market. The business has been well established over a period of eight years and is situated in a prime, highly accessible location that has contributed significantly to its sustained success.OPERATIONS:The business is owner-operated and supported by strong management as well as a loyal team of 35 staff members, ensuring efficient day-to-day operations.REASON FOR SELLING:The current owner is retiring.SCALABILITY:The business operates in a large and growing market with substantial potential for further expansion.PREMISES:The premises are leased at below-market rental rates and comprise approximately 700sqm of operational space.TRANSACTION:Cash buyers only. No seller financing will be considered.ACQUISITION VALUE:SELLING PRICE: R15,000,000 (excluding stock) as a going concernSTOCK VALUE: R2,000,000 (estimated)TOTAL ACQUISITION VALUE (INCLUDING STOCK): R16,500,000PROFITABILITY (2024 financial statements):ANNUAL TURNOVER: R57,000,000AVERAGE MONTHLY TURNOVER: R4,500,000NET PROFIT (EBITDA) PER ANNUM: R4,300,000NET PROFIT (EBITDA) PER MONTH: R365,000INVESTMENT RETURNS (excluding stock):PE RATIO: 2.9ROI: 29%MONTHS PAYBACK: 34ASSETS:MARKET VALUE: R1,500,000ASSET VALUE RATIO TO SELLING PRICE: 8%