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#Business ID: 37577

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Distributor of FMCG Products to Retail Outlets For Sale

Business Location: Johannesburg, Gauteng, South Africa

Asking Price: R 37,000,000 Revenue: R 175,000,000 Cash Flow: R 10,000,000

[Furniture / Fixtures included]

Business Summary

This business has a customer base in the retail sector that were most affected by the COVID epidemic, therefore their trading results, especially in 2021 reflect this, as they were unable to trade for 5 months during FY 2021 and also had trade restrictions in FY 2022. It is a testimony of the robustness of the business that they have survived this difficult period with staff levels largely intact, and a loyal customer base that is still growing. They made a strong return to profitability in 2022, and YTD 2023 shows substantial growth.

It is a third generation family business established to serve liquor retail, hospitality, forecourts and entertainment outlets, wholesalers, supermarkets and conference and catering facilities with beverages, snacks and sweets, confectionery products, dry goods, select wines and spirits.

It is a growing, medium size, owner-managed company that has an excellent reputation in the market place with customers and suppliers alike.

They have been the proud recipient of numerous trade awards for service excellence.

The many reputable customers they serve; will attest to the reasons they prefer to deal with this company exclusively for the products they supply. Today they service, amongst many others, all the Gauteng-based Bottle Store Groups, some of the largest casinos in Gauteng, leading hotel groups, most popular hotels and conference venues, airlines, catering groups, pharmacies, wholesalers, distribution companies, top restaurants and approximately 80% of all independent bottle stores in the areas they cover.

They have recently sold the property they operated in and relocated to bigger premises on which they have signed a 2-year lease with an option to extend.

Please contact us for more details.

Property Details

Size:

2500m3

Years Established:

35

Inventory Value:

R 8,000,000

Other Business Details

Business Location:

Warehouse in secure and central business park

Expansion Potential:

Various...please respond for further detail

Business Operation Details

Employees:

70

Trading Hours:

07h00 -18h00

Support & Training:

Negotiable

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Owners wish to retire

Contact this seller

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