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Professional

Insurance

Ref: 3437

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Investment & Insurance Practice for Sale

Western Cape (WC - Cape Town Region)

Asking Price

R 6,000,000

Annual Turnover

R 2,400,000

Monthly Profit

R 150,000

The owner and wealth advisor of a very successful and lucrative investment and insurance practice based in the Western Cape, South Africa, is looking for a young strategic business partner as part of his succession planning for retirement over the next 3 years. The business has built a successful portfolio of more than 500 clients and ±1000 contracts over the past 12 years. The portfolio has shown continuous, consistent and sustainable growth over the past 12 years. The clients are both national and internationally as far as the US, Germany, Canada, Greece, etc. The practice has a large number of high net value individuals and a few ultra net value clients. Assets under management ± R300million. The practice strongly focuses on wealth creation (investments). The practice exclusively offers the full range of Discovery products - investments, life insurance, medical insurance, RAF, etc. Most clients are integrated with more than one Discovery product. The ideal strategic partner could be any one of the following: * Must be a wealth specialist, with some good wealth knowledge. Multi-specialist in other product ranges, such as Life and Health * an individual IC/IFA who wants to take over the portfolio can purchase 70% shares upfront, and 10% p.a. over the next 3 years, while the seller stays on in the business to ensure client retention and assists to grow the practice over this period. * an independent advisor who has a link to the Discovery platform, who wants to grow their existing portfolio, good Discovery product knowledge essential. * an investor who is looking to support his son or daughter and their family to get into a viable and sustainable business offering recurring income from day one. * excellent opportunity for a business graduate (male or female), for the best entrepreneurial career path The buyer must be a wealth specialist with knowledge of the Discovery products. He/she should have a cat 1.10 and 1.14 qualification and should comply with all the FSB and FSCA regulatory requirements. Please note that this opportunity is specifically for a strategic partner with the view to take full ownership of the practice over the next 2 to 3 years. A full buy-out is also an option, with the sellers commitment to stay on for 1 to 3 years to ensure smooth transition and introduction to all clients. The asking price is for 100% shares in the sellers private company and will exclude VAT if the business is bought out of the trading entity. Access to opportunities of this kind seldom comes on the open market. Dont lose out on a great business that offers a recurring net income of more than R150.000 from month one!! If you think you are the strategic partner we are looking for, the seller would be happy to have a confidential discussion with you.
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Food/Hospitality

Cafe/Coffee Shop

Ref: 3436

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Award Winning Coffee Shop and Eatery

Western Cape (WC - Cape Town Region)

Asking Price

R 3,100,000

Annual Turnover

R 4,300,000

Monthly Profit

R 42,000

This well-known coffee shop and eatery with a liquor license are located in an upper-class area of the Northern Suburbs of Cape Town. The modern interior provides a relaxing and welcoming environment to all customers. The business is well located with ample parking and within walking distance from other shops and restaurants. Customers can enjoy the relaxing and welcoming dècor inside or al fresco dining with a glass of wine on the outside seating. The exciting menu, great products, and excellent service attract customers to come back for another cup of specially roasted coffee and one of the home-baked products. The business provides all customers with a great opportunity to adapt to the modern world of hospitality. Even with the success of this business, there is plenty of opportunities for growth. The popularity of this business is not going anywhere! The price excludes VAT and stock.
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Retail

Retail

Ref: 3434

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Pet Supplies Retail Business

Western Cape (WC - Garden Route)

Asking Price

R 830,000

Annual Turnover

undisclosed

Monthly Profit

R 23,116

Now, this business is something to bark about! Please note, this is NOT a pet shop, but a pet supplies retail business! This successful, independent specialist pet supplies retail business was established on the Garden Route over a decade ago. The retail company offers a wide array of pet-related products, including but not limited to premium quality food, toys, grooming, and other quality products. The outlet is dedicated to serving passionate pet people and their pets with products, services, and advice. Their goal is to make it easier for pet parents to find better products for their pets. The business is conveniently located in a prime position with good visibility and easy access and enjoys a loyal following of customers. Product knowledge and customer service set the company apart from the competition. In addition, the business has a reputation for stocking exclusive and best-quality dog and cat food, shampoos, etc. The business is manager-run, offering passive or semi-passive income, with little involvement from the owner. If you are looking for a business on autopilot, this opportunity is for you! The ideal buyer comes from various backgrounds; grocery, retail, food, and other service-related industries. No veterinary knowledge is required as the business does not offer veterinary services. The asking price excludes stock of ± R150,000 and VAT.
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Rural

Fishing/Forestry

Ref: 3433

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Deep Sea Fishing Charter Business

Western Cape (WC - Garden Route)

Asking Price

R 4,500,000

Annual Turnover

R 1,683,673

Monthly Profit

undisclosed

This is the ultimate LIFESTYLE BUSINESS! How about owning a wildly busy and popular Garden Route-based recreational fishing business with successful trade history of more than 14 years? Live and work your dream and get paid! You set your schedule and can be as busy as you want. What makes this opportunity attractive? * well-maintained vessels * an attractive and prominent internet presence * an excellent location with a highly visible and convenient moorage * a well-established niche market * a seller available for training * it offers the purchaser an easy entry into a solid business * very positive future potential All three vessels included in the offer are fully rigged, and SAMSA is Commercially surveyed for day and night charter operation, fully equipped with electronic and all safety equipment. Also included: top-of-the-line fishing gear. The business has the necessary trained and licensed crew, so the owner does not need a skipper license, though this will be beneficial. This is a turnkey business ideal for aspiring business owners and/or fishing enthusiasts who enjoy fishing and would love their hobby to be their business while supplementing existing income. Dont expect to make a small fortune from this lifestyle business! Summer 2022 is expected to be one of their best seasons ever! The asking price includes all vessels and excludes VAT.
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Industrial Manufacturing

Manufacturing

Ref: 3432

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Manufacturer and Provider of Shade Solutions Products

Western Cape (WC - Cape Town Region)

Asking Price

R 4,250,000

Annual Turnover

R 9,100,000

Monthly Profit

R 155,000

This extremely profitable business in Western Cape Winelands offers high-quality products for more than 33 years to many customers in this region. The products and services include carports, patio roofs, drop blinds and many more. All products are expertly created and professionally installed at commercial and residential premises. The current owner has been doing this for many years and will support a new owner to expand growth. The business has a large customer base in a fast-growing area from the Cape Winelands to the Northern suburbs of Cape Town and the West Coast. This solid business has great exposure in social media with a high profile and well known business name. This is a perfect opportunity for a new owner to take over a business that is enjoying growth as homeowners spend more time in their homes and investing in improvements. This business is fully staffed with 3 teams each with their own vehicle and all equipment needed to deliver the best service. The price excludes stock of +-R 600 000 and VAT.
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Food/Hospitality

Catering

Ref: 3431

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Outdoor Dining and Picnic Franchise

Western Cape (WC - Cape Town Region)

Asking Price

R 490,000

Annual Turnover

R 654,000

Monthly Profit

R 12,200

This business will offer flexible working hours and allow you to spend more time with your family and friends. The Cape Town and Northern Suburbs franchise business organizes picnics, picnic basket catering, and outdoor dining functions. As a franchisee, you will become part of an established and well-known brand. The opportunity will allow you to be your own boss and take the first step on a life-changing journey. A new owner can also rely on the experience and support of an established franchise. Different options can be offered to customers at affordable prices to ensure a memorable experience for every client. The price includes equipment of R 150 000 but excludes the joining fee to the franchisor of R 75 000.
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Retail

Retail

Ref: 3430

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Flowers and Balloons Kiosk

Gauteng (GP)

Asking Price

R 680,000

Annual Turnover

undisclosed

Monthly Profit

R 37,401

This is a great opportunity to purchase a highly successful and popular florist kiosk in a very busy center setting with a strong customer base giving much repeat trade. The business has been carefully and passionately run for a few years and over this time has gained an enviable reputation for providing high-quality floral arrangements for all occasions, giving a personal touch with outstanding customer service. This currently profitable business has potential for growth. “Only the best quality flowers are available and used at all times”. The selling price of R680 000 excluding vat, includes assets to the value of +/- R165 000
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Food/Hospitality

Cafe/Coffee Shop

Ref: 3428

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Famous Coffee Cafè

Western Cape (WC - Cape Town Region)

Asking Price

R 1,650,000

Annual Turnover

R 2,100,000

Monthly Profit

R 41,000

This well-known coffee cafè is situated on the west coast of the Western Cape with excellent visibility and walking distance from the beach. This coffee cafè has a lovely outdoor area for customers who want to enjoy the great coffee alfresco or enjoy the kitchen feel of being inside. The menu caters to all tastes from a delicious cup of coffee to toasted sandwiches and other meals. The exciting menu, great products, and excellent service attract local customers and many local and international tourists to the area. The well-trained and friendly staff add value to the business and will stay on with a new owner. The price excludes stock of +-R 40 000 and VAT.
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Retail

Clothing/Accessories

Ref: 3427

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Specialised Clothing Retailer

Gauteng (GP)

Asking Price

R 647,062

Annual Turnover

R 3,120,130

Monthly Profit

R 43,380

The business is a well-established, profitable, niche clothing retailer situated in upmarket Johannesburg, Gauteng. The business is well known in the local area and can be run with very little input from the owner. An opportunity exists to scale the businesses country-wide, depending on the new owners strategy. The growth trends in revenue, as well as online purchasing are very encouraging. There are limited direct competitors in South Africa as the business caters to a specific market need. The acquisition of the business may be an ideal opportunity for an existing clothing manufacturer to integrate vertically or someone with a passion for fashion and entrepreneurship. The price excludes VAT and stock of +- R1,200,000.
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Industrial Manufacturing

Manufacturing

Ref: 3424

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Digital Printing and Signage Business

Western Cape (WC - Garden Route)

Asking Price

R 1,450,000

Annual Turnover

R 1,292,074

Monthly Profit

R 29,745

This profitable company was established in 2020 and is based in the Garden Route, Western Cape, South Africa. The business offers printing and signage services to clients in the Garden Route. They work and print on various substrates, including vinyl, wallpaper, banners, signage, posters, and paper. From business card design to vehicle wrapping - they have can do it. Their skilled team of graphic designers can make any design wish come true. Operating five days a week from a prime location in this Garden Route town, the company has established itself as a reliable and reputable service provider in the two years it has been operational. The turnover has almost doubled from its first year of trade, and the business has a return customer base in various industries. Taking ownership of this business, you have a reputation for quality workmanship, competitive pricing, and quick turnaround to build a great future. This is the ideal opportunity for an entrepreneur with a creative flair and a passion for customer service. The business is easy to manage, and no design skills are needed to run this business successfully. It would be beneficial if you have a design background, but its not required. If you are looking for an excellent opportunity to put your own stamp on a young business with huge potential, then contact me now! The asking price excludes stock of ± R30,000.
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Confidentiality Agreement

In consideration of Businesses4Sale South Africa entering discussions relating to the possible acquisition of an interest in a business on my behalf, I hereby agree as follows:
  1. I hereby give my consent for the processing (use) of my personal information by Businesses4Sale South Africa to assist me with the purchase of a business or property.
  2. Not disclosing any information, including that the business is for sale and to treat as totally confidential the identity of each business quoted to me and any details as to its operation or financial accounts.
  3. Taking all reasonable precautions to protect the confidentiality of information made available to me in the course of any negotiation and eventual transaction.
  4. That all information is received for no other purpose than the evaluation of the investment potential of the business.
  5. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorized in writing by the Vendor or his agent.
  6. Not to approach any Vendor of any business quoted to me by Businesses4Sale South Africa or its staff, customers, or suppliers without prior arrangement with the Seller or his agent and to refer all queries through the relevant Businesses4Sale South Africa representative/agent.
  7. I accept that all information was presented to me/us in good faith and that I cannot hold Businesses4Sale South Africa or its agents liable for any inadvertent deviations or inaccuracies.
  8. I accept that I am responsible for verifying facts and figures to satisfy myself, as to the accuracy of information during any due diligence I/we may choose to carry out.
  9. For the purpose of this agreement the “Confidential Information” means any idea, concept, data, document, drawing, schematic, business, technical, financial, operational, administrative, marketing, economic and other information and material of a proprietary nature, about or concerning or relating to the business whether in oral form or in the eye, machine or electronically readable form and includes information and material contained in any memorandum, report and/or other document prepared for either party hereto by a third party.
  10. In the event that a suitable business opportunity is found in using the services of a Businesses4Sale South Africa and in the subsequent event that I should wish to present an offer to purchase such business, then before the commencement of the “Offer to Purchase” process, and should I be called to do so, I agree to willingly submit a consumer credit report.
  11. If I decide not to proceed with the investment, I agree to immediately return to Businesses4Sale South Africa all written information supplied and retain no copies.
  12. I agree that, in the event of a breach of trust in the above, the Seller can take whatever action they deem necessary to recover any cost of damage caused by such breach.
  13. By my signature hereto, I attest that all the above information is true and correct. I request that Businesses4Sale South Africa add me to their database to facilitate the receipt of direct marketing notices of any new business opportunity listings that might meet my investment criteria.
  14. This consent is furnished on the condition that my personal information shall be used and processed under the Protection of Personal Information Act.
  15. Please note: Proof of funds will be required before release of financials and start of the due diligence.

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