VEN1452

Wholesale distributors of fresh, chilled and frozen food products

Western Cape
 

A supplier of fresh, chilled and frozen food products to leading hotels, restaurants and wholesalers. Leveraging the latest IT enables the company to effectively manage all aspects of the business, ensuring a smooth and integrated platform from which the business is able to effortlessly process orders.

Key Aspects:

  • Proven operations and logistics in the sourcing of an extensive product range locally and internationally, packing to order, and distributing accordingly.
  • Exceptional quality products that are compliant with food service safety standards.
  • Established, customised facilities that are suited for diverse products, wholesale and custom packaging. These facilities include a freezer, chiller, processing area, and infrastructure for production continuity.
  • Strong relationship with local and international suppliers ensures consistant availability of produce.
  • High profile customer base including, Food Lovers Market, Wimpy, Simply Asia, Southern Sun Hotels and Melomed Private Hospital amongst others.

    Opportunities:

    • Increase the size of the fleet vehicles to increase reach and reduce lead times.
    • Utilise excess cold storage space by renting to third parties.
    • Introduce complementary products to existing product range to better service the current customer base, allowing the company to compete more broadly within the industry.
    • Deeper penetration of the current product range into more remote areas with limited historical access to premium frozen products
    • Significant potential exists to increase turnover by opening additional distribution branches in previously uncontested areas.
    • Additional value to be unlocked through offering its services to parastatal institutions such as hospitals, schools, the military, etc.
       
       
       
      Year:

      2015

      Actual

      R'000

      2016

      Actual

      R'000

      2017

      Actual

      R'000

      2018

      Actual

      R'000

      Turnover253,270264,715275,451282,501
      Gross Profit:28,27031,58333,50435,532
      Adj. EBITDA *12,25420,64023,04423,092
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited