Sectors / Category

Annual turnover

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  • Mandate: 31479
  • Added: 05 Oct 2017
  • 1510

Farm with livestock outside Bloemfontein

Free State, Bloemfontein
1510
Mandate 31479
Added 05 Oct 2017
R 5,500,000* ZAR
Stock: R 0
Assets: R 0
Pano Joannides
(PRINCIPAL)
Aldes Maxima
Free State
Free State
Summary

Well etablished family owned farming business with livestock of cattle and sheep. This beautifull farm is 484 hectars. The livestock is sold to the abottior weekly. The farm has a 4 x bedroom house, 2 x bathrooms and 3x garages.

SELLING PRICE
R 5,500,000* ZAR
Stock: R0
Assets: R0
Summary

Well etablished family owned farming business with livestock of cattle and sheep. This beautifull farm is 484 hectars. The livestock is sold to the abottior weekly. The farm has a 4 x bedroom house, 2 x bathrooms and 3x garages.

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Is a property valuation available?
No, valuation available.

What Advertising/Marketing is carried out?
No advertising or marketing.

Is a copy of all the lease agreements on the property available?
No lease, seller owns the farm. The farm is 484 hectars which includes the house.

Is the business VAT Registered?
Yes, the seller is VAT registered.

Are there up-to-date Management Accounts available?
Yes, it is available.

What Balance Sheet and Income Statements are available?
Documents are available from the seller to serious buyers.

What is the age analysis of the debtors book?
N/A.

Is Seller finance available and for what amount?
No amount.

How could the income of the property be increased?
Yes, all of them.

What is the monthly rates and taxes payable to local authority?
N/A.

What rental deposit has been secured from the tenants?
No tenants are occuping the property.

What is the total staff complement?
Total employed is 1x general worker and the seller.

Give a breakdown of staff/ functions/ length of service?
1x General worker, employed for 10 years + -.

Do any receive special perks or incentives?
Yes, they do receive incentives of a thirteen cheque in December.

Are they on contract?
Yes, they do have a contract.

Do any have management potential?
None.

How involved is the Owner in running the business?
The owner is completely 100% active in running the farm.

Do you require a licence?
No licence is required for the farm.

Are any items not included in the sale?
None, all are included in the sale.

What is their overall condition?
Excellent.

Do any require repairing?
No repairs are required.

How have they been valued ?
At market value.

Which assets are on lease/HP and with whom?
None.

What are their settlement amounts?
N/A.

Will Seller settle or Buyer to take over?
N/A.

Are copies of agreements available?
N/A.

Are they presently insured?
Yes they have the storerooms are insured.

Strengths?
Its run and owned by the family since 1970. They well established and well know for their livestock which gets sold to the abottoir.

Weaknesses?
None.

Opportunities?
The farm is 484 hectars with fencing with 5 boreholes and plenty of water, which can be utilized.There is plenty of opportunities to grow.

Threats?
None.

What is the reason for the sale?
The owner wants to buy a bigger farm.

Why is this property a good investment?
The farm is netting R36 000 per month + - .

What is the asking price?
The price for the farm is R 5 000 000.00 without stock and nets R36 000.00.

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FRANCHISE DETAILS

Aldes Maxima

2 members
9 active mandates
Free State
PO Box 28414
3010

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