Search Results from Biz.for.Sale - Full detail for a Single Listing  
 

Wholesale/Retail Nursery, Landscaping and Garden Maintenance

 

PROFILE    
Description:    This landmark business offers a one-stop service that encompasses a full range of services provided by the on-site qualified team of plant growers and operators of the wholesale and retail outlet. Also offered is landscaping design, garden maintenance services, paving manufacturers, a restaurant and a gift shop.
Industry / Sector:    Garden Services and Nurseries
 
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban outlying
Location / Area:    Suburbs
Metro Proximity:    Durban.     It should be possible to commute from this metro city to the business location.
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
 
PRICE    
Asking Price:    R 10 000 000
Conditions:    Price includes: Goodwill and Assets R2,8 mil - Stock R3 mil
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 1 375 000 per month
Profit:    R 200 000 per month
Annual Return:    24 % per annum
No. of Staff:    100
Year Established:    2002
Legal Persona:    Close Corporation
Other Information:     
. RETURN ON INVESTMENT .
The Total asking price is R25 million and is made up of the business valued at R10 million and the two properties at R15 million. Taken together on the total profit, this equates to an overall ROI of 10% p.a.

However - to assess the business independently one would need to calculate the ROI as R200,000 p.m. on a sale price of R10 million which is 24% p.a.

The capital growth on the properties is projected as 8% per annum.

. FINANCIAL INFORMATION .
Detailed financials will be made available to approved buyers by the sellers in terms of the signed confidentiality agreement (NDA).
All the information provided can be verified.
The financial information reflected above is based on turnover, gross profit, expenses and net profit figures extracted from the audited financials.
The EBITDA has been based on the financials provided for the year ended 28th February 2023.

. POTENTIAL .
To be discussed with approved buyers at a meeting with the sellers and the broker and subject to signing the confidentiality agreement (NDA).

. REASON FOR SELLING .
To be discussed with approved buyers at a meeting with the sellers and the broker subject to signing the confidentiality agreement (NDA).

. HANDOVER .
The seller is prepared to assist the buyer for a hand-over period subject to an agreed arrangement.


. NON-DISCLOSURE REQUIREMENT .
Detailed and relative information will only be made available to approved buyers in terms of the signed confidentiality agreement (NDA) and at meeting with the sellers. (see below)

. DISCLAIMER REGARDING INFORMATION .
No representation or warranty, express or implied, is given as to the accuracy or completeness of the contents of this profile. The only representations and warranties that will be made are those that may eventually be included in a definitive agreement to the proposed sale of the vendor's interests in the business.
Neither this profile nor any of the information contained in it shall form the basis of any contract for such sale, nor does it constitute an offer, invitation or inducement to purchase or acquire any shares in the business or any interest in it.

. PROOF OF FUNDING REQUIREMENT .
Interested parties MUST be able to demonstrate that they have access to the required funds to finance a cash transaction purchase.
In terms of the broker's mandate, the seller will not entertain any discussions or consent to provide any details or documentation or accept any offer unless you first meet this criteria. The potential buyer will need to provide proof of these financial requirements in your initial inquiry.

. CONFIDENTIALITY .
ONLY ADDITIONAL DETAILS WILL BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA), COMPLETING A BUYER PROFILE FORM AND SUBMITTING THE REQUIRED FORMS TO THE BROKER, FOR THE SELLERS APPROVAL.


 

 

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.
Record ID: 2875
[BizForSale HOME Page]     [Master Search]     [Suggestions]

www.bizforsale.co.za       Copyright 1998 - 2024©       info@bizforsale.co.za