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Artisanal Chocolate Manufacturer - Producing Small Batches to Order

PROFILE
Description:		This well-equipped business is located in a good location and most of the trading derives from key, repeat customers and retail on-line sales. Artisanal chocolate is made in small batches using traditional methods and high-quality ingredients - produced by craft chocolatiers, passionate about creating unique and delicious flavors, all in special packaging. In addition, products are not only fresh, but also carefully crafted. This results in a variety of interesting shapes and forms that are not available in mass-produced chocolates that dominate the chocolate industry. Price reduced (27/7/24) for an urgent sale.
Industry / Sector:

LOCATION
State / Province:		Western Cape RSA
City / Town:		Winelands
Location / Area:		Industrial area
Metro Proximity:		Cape Town. It should be possible to commute from this metro city to the business location.
Portability:		Lease in place for 12 months with 3-year renewal option available to new owner, subject to approval of the Landlord

PRICE
Asking Price:		R 1 995 000
Conditions:		Negotiable - includes assets of R1.84 million, excludes stock R200k.

FINANCIAL & OPERATING INFORMATION
Turnover:		R 132 500 per month
Profit:		R 45 000 per month
Annual Return:		27 % per annum
No. of Staff:		5
Year Established:		2007
Legal Persona:		Private Company (Pty) Ltd
Other Information:		. GENERAL INFORMATION . The owner resides nearby, but a trusted employee opens and closes the business if the owner is unavailable. The premises are 120m² in extent and the rental is R7,420 per month, with 12 months remaining on the current lease. A 3 year renewal option is possible. The business could be relocated if the lease is not renewed. . FINANCIAL INFORMATION . Detailed financials will be made available to approved buyers at a personal meeting with the seller and the seller can verify all trading. The financial information reflected above is based on turnover, gross profit, expenses and net profit figures provided by the seller. The EBIDTO has been extracted and based on the seller's information. . POTENTIAL . The business requires a pro-active owner that can continue and expand this successful business. The seller will share details of expansion opportunities and relocating the business to another area is also a possibility. . REASON FOR SELLING . The owner wishes to concentrate and develop another unrelated business. . HANDOVER . The seller is prepared to assist the buyer for a short hand-over subject to negotiation. . 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 these criteria. The potential buyer will need to provide proof of these financial requirements in your initial enquiry. . DISCLAIMER REGARDING INFORMATION . No representations or warranty, expressed 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. FULL DETAILS WILL ONLY BE PROVIDED BY THE APPOINTED BROKER SUBJECT TO SIGNING A CONFIDENTIALITY AGREEMENT (NDA) AND THE APPROVAL OF THE SELLER.

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Record ID: 2889

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