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R 9,960,000

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BRIEF OVERVIEW - This Landmark business offers a one-stop service that encompasses a full range of services, provided by the on-site qualified team: Plant Growers with Wholesale and Retail Outlet Landscaping Design and and Garden Maintenance Services Paving Manufacturers. Restaurant and Gift Shop. Annual Turnover R16,5 million - Annual profit is 2,4 million ROI BASED ON THE BUSINESS IS 25% PER ANNUM POTENTIAL CAPITAL GROWTH ON THE PROPERTIES PROJECTED AS 8 - 9/10% PER ANNUM The business and properties can be purchased separately. The business is valued at R9.96 million and two valuable Properties that are available to purchase separately are worth R15,04 million. The total package is on offer at R25 million and is negotiable. GENERAL INFORMATION - Detailed and relative information will only be made available to approved buyers in terms of the signed confidentiality agreement (NDA) and a meeting with the Sellers. 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 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. The asking price is marginally negotiable and includes the business (goodwill and other fixed assets valued at R2,8 million; plus and stock of R3 million. Thetwo properties and buildings, valued at R15,04 million can be purchased separately. The final price for the business will abe determined by the final value of stock on hand at take-over date. POTENTIAL - To be discussed with approved Buyers at a meeting with the Sellers and the Broker, 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. 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. Detailed summary - https://fairbro.co.za/.cm4all/uproc.php/0/Business%20Listings/Nur111-8_Website_Summary_Nursery_and_Services_2023-03-20_1.pdf?cdp=a&_=186fdffe9dc

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