Bellville Commercial for sale / to buy

Fresh Cut Flower Wholesaler
Bellville, Western Cape, South Africa

Price: R900,000

A well established Fresh Cut Flower Wholesaler with an average monthly turnover of R300 919, a cost of Sales of R192 588 & a net profit of R33 700 permonth.

The business was established around 12 years ago (1995) and has a well known name in the Northern Suburbs.

The business has the unique advantage that each arrangement is uniquely made for the clients and they do not work from any "recipes". Arrangements can be put together in front of clients while they wait. This has resulted in the business becoming very popular with many walk in customers returning on a weekly basis.

Flowers are sourced from all over South Africa, however the main suppliers are from the Western Cape. The business has an elected agent on the Johannesburg Flower Market who purchases quality flowers on behalf of the owners. The agent is paid on a commission basis.

Present Market : It supplies flowers to corporate clients as well as the public walk in trade, for major functions and events and is listed on the Cape Weddings website. The core business is supplies to corporate clients. The business does not supply chain stores due to low margins and bad payment history with these.

Turnover : Accurate figures will be available by the end of August 2006, but the net pretax profit averages around R33,700 pm. A large portion of business is cash, with the balance on 30 day terms. There is very little bad debt and some of this has been due to previous problems with debt collection.

Property Facilities

Bellville property

◊ Bedrooms: 0◊ Bathrooms: 0

Contact Details

Bellville property

Benhard Wiese
Tel: 084 611 2293

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Cape Coastal Homes

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Property Number: 1104832

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