A well-established Biodiesel Processing Plant producing high quality grades of diesel is for sale in Cape Town’s Northern Suburbs. The business is 11 years old and was built from scratch. There are a number of contracts currently in place. The business supplies both the wholesale and retail markets. Biofuel is definitely the buzz word at the moment!
Lease: 3 years lease expired with an annual escalation of 8%, currently running month to month.
Turnover is currently R4.2m per annum and continues to grow annually. Gross Profit at R2.5m per annum, 41.6%. This is expected to grow even further as new contracts have been signed. Net profit currently around R0.6m per annum, or R48,000 per month.