Profitable Distribution Company For Sale
Location Mauritius
Asking Price Range $2.5M - $5.0M
Gross Revenues $650000
Net Profit / Cash Flow $3000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 50 - 99
Relocatable Yes
Number of Employees 50 - 99
Real Estate Owned
Description The company imports fresh fruits and vegetables from South Africa to supply hotels in Mauritius. The business has always been profitable since incorporation in year 2003. It currently has 55 employees among which 10 are administrative staffs.
The annual turnover has been increasing to reach around $3.3 million with a profit of around US $650,000. The profit can be increased as currently this is reduced due to interest paid on factoring.
Currently the company supplies only hotels and there are other markets that have not yet been explored, such as hospitals, private clinics, ship chandlers.Most importantly, a fruit distribution center can be set up to supply the local market.
We are looking either to sell the whole company or 50% of the shares initially until the buyer gains full expertise of the business.
The asking price is $3.2 million.
Email or call at 2307564218 for more information on this distribution company for sale.
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