Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Herbs & Spices - Little Karoo

LISTING DETAILS
Firms For Sale ID:
31908
Vendor reference:
12344
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$440,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This unique owner-operated retail outlet was first established by the current owners in 2004. The business is conveniently located in the Town Centre trading competitively in Herbs and Spices notwithstanding the large corporates in and around the area. The range comprises over 600 variants including but not limited to; pure spices, blended spices, dried herbs, organically grown fresh herbs, seasoning's, flavourings, popcorn, Basmati Rice, Dhalls, Exotics such as Oyster Sauce, Galangal and Mustard Oil, Consul Glassware, Soya products, Polystyrene products, Plastic Bags and Freezer Bags.

The target market comprises the whole community of the district. The business advertises in the local advertiser and also promotes the business with the use of coupons. The price includes stock in the value of R30, 000.00 at cost.

Growth opportunity lies in wholesale - the supply to smaller shops in outlying towns. Opportunities also exist in supplying Spaza Shops and house shops in the previous townships and locations. This is the only specialist Spice & Herb shop in the Klein Karoo.

The owner of this business has a second business in the same Town which itself is on the market and listed with LINK Business Brokers. Also relatively unique in nature, the turnover and profitability of the outlet is similar in kind to this. The mandating Broker has been given explicit instructions that the two businesses be marketed and sold as one. Only in exceptional circumstances (i.e. both sold independently within a week or two of each other) will separate offers be considered. The collective price can be negotiated with the Seller and in the process, present a lower-risk investment for obvious reasons i.e. not placing all eggs in one basket !
The owner is prepared to remain on in the business for an agreed period of time to facilitate a smooth transitional hand-over.