Property Details
This is a once-in-a-lifetime opportunity to step into a well-known, profitable, and turnkey business. The sale includes vehicles, operational equipment, and even a 24-hour surveillance system for peace of mind. The business has expanded over the years, offering takeaways, platters, snacks, quiches, and more. The thriving, family-owned bakery, confectionery, and paraffin & gas business, established since 1960, is now seeking a new owner as the original family is ready to retire.
KEY HIGHLIGHTS
LOCATION: Strategically located in an industrial area with business rights of Bloemfontein, South Africa.
INCOME STREAMS: Enjoy multiple income streams from the bakery, confectionery, paraffin, gas, and additional rental income. A 720 square meter section of the building with a long term lease contract adding an additional income too.
PROPERTY: The sale includes the premises with a building valued at R 3.8 million. 4300 square meters. Building of 1900 square meters. Additional building of 720 square meters.
EQUIPMENT: All equipment, including a 62 KVA automatic generator, safe, 2 x paraffin pumps, 3-phase electricity, and a sizable walk-in cold room, is included for uninterrupted operation.
COLD ROOM: Benefit from a sizable walk-in cold room for food storage.
LOYAL CLIENTELE: Benefit from a very high expansion potential with a loyal clientèle of more than 63 years
SUPPORT & TRAINING: Receive comprehensive support and training to ensure a smooth transition.
STAFF: The staff is well trained, and it includes three managers and nineteen other staff members.
PROFITABILITY: Experience consistent profitability with impressive monthly turnover.
FINANCIAL MATTERS:
Food: Monthly Turnover - R600 000-R700 000 (GP% - 35%). Monthly gross profit - R210 000-R240 000
Fuel: Monthly Gross Income - R80 000 -R100 000
Rent: Monthly Income - R17 000
SUPPORT & TRAINING: Support and training will be provided.
PARKING: Massive parking area, approximately 2000 square meter available on the premises for your dedicated use as well as vast office space.
SECURITY: 16 Monitored CCTV cameras with cell phone access, alarm system that is connected to a 24 hour surveillance company with additional beams for security.
KITCHEN: Complete equipped kitchen. Ovens not dependant on electricity, works on paraffin and electricity. The 2 main ovens can be used with electricity as well as paraffin, making this very unique.
INCLUDED IN THE SALE:
62 KVA diesel-operated Generator for uninterrupted power supply.
Fully equipped kitchen. Ovens that work on both paraffin and electricity.
Cold room
Separate facilities for men and women.
56,000-liter paraffin tanks (4 x 14,000L tanks).
24-hour surveillance via 16 CCTV cameras, alarm system and security beams.
Rental income from quality tenants (Panel beaters).
All equipment as currently in use
4 vehicles for efficient operations (2 x Toyota Tazz, 1 x Nissan 1400, 1 x NP 300)
Separate storages for vehicles or other.
Big safe
Infostar point of sale system with all computers included for a quick system overview and recons daily
A Take-away shop with dining area contributing to daily cash flow.
5 000 litre Jo-jo tank
2 x Paraffin pumps
3-phase electricity
3rd generation Business
VAT registered ownership.
Sales Revenue: R3M - R8M
Employees: 22
Size: 4300 square meters
NOTE: This business can be relocated if desired.