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The business is a primary manufacturer of a selected range of food related snacks. It has over the years ventured into imports of related products and also replaced some manufactured products with imported equivalents at superior quality or where better prices could be achieved.
Some products were also sourced from local manufacturers in order to complement the range with the result that a very strong product offering is secured to meet customer needs.
Trading of products represents roughly half of the revenue and manufactured products half. Products are categorised in 4 brands and a total of 120 product lines promoted.
All imported products are sourced from Europe and is at the top of the range in terms of quality and consistency.
Products also include dispensing and display units and related accessories to strengthen the supply package.
Markets served are Hospitality- which represents 50% of the revenue stream, wholesale, resellers and exports which represents 45% of revenue and 5% into retail.
Retail is the largest potential market segment and the business has a weak infrastructure to service this segment.
R69,000 per annum
The business is operating from a safe business park with easy access to highways.
It offers ample space and capacity for expansion opportunities to take the business forward.
It offers 1400m2 total surface area (1200m2 factory and 200m2 office space) at a cost of R69,000 per month cost to company
The business is actively seeking a solution to market products direct to retail.
This will take the business to capacity and optimise the margins and profits as a result.
The business can also continue its path of diversification to offer an ever-expanding range of products as has been the case for the past couple of years.
One large competitor with an estimated revenue of 3 times that of the selling business.
There are also a handful players smaller than the seller.
The primary objective is to find a partner that can unlock synergies, but the company will sell lock, stock and barrel for R15,0m should a buyer present an offer that meet the requirements.
Factory Monday to Friday 24 hours.
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