Search Results from Biz.for.Sale - Full detail for a Single Listing
Wholesale/Retail Nursery, Landscaping and Garden Maintenance
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PROFILE |
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Description: |
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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. |
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Industry / Sector: |
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Garden Services and Nurseries |
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LOCATION |
| State / Province: |
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KwaZulu-Natal RSA |
| City / Town: |
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Durban outlying |
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Location / Area: |
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Suburbs |
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Metro Proximity: |
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Durban. It should be possible to commute from this metro city to the business location. |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 10 000 000 |
| Conditions: |
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Price includes: Goodwill and Assets R2,8 mil - Stock R3 mil |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 1 375 000 per month
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| Profit: |
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R 200 000 per month
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| Annual Return: |
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24
% per annum
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| No. of Staff: |
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100 |
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Year Established: |
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2002 |
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Legal Persona: |
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Close Corporation |
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Other Information: |
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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 vendors’ 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.
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Record ID: 2875
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