Swiss Cosmetic Importer and Distributor For Sale
The South African company has the distribution rights into SA and Botswana and Namibia.
Since 2007 the company has established a footprint of stands and displays throughout Dis-Chem and Clicks in South Africa, Namibia, and Botswana.
Stock is merchandised regularly and promoted in-store by a team of trained Specialised consultants.
Core sales comprise the nail and eye care ranges. Skin care products have been recently introduced and have been well received.
This base business has been developed to an annual level of R16m at wholesale value Pre Covid
Cape Town / HQ Switzerland
Product in 300 Clicks colors only, 122 Clicks stores hold colors and treatments, 115 Dis-Chems, of which 10 have skin care. 5 independent pharmacies.
Online launched mid-June 2020.
Revenue R 14,057,712
Gross Profit R 8,174,177
Expenses R 7,203,661
Add Back Non Recurring Expenses R 2,997,440
Adjusted Ebidta R 3,967,956
Net Profit of R3,967,956 Multiplied By P/E Of 3
Value of the Business Fairly = R 11,903,868
Nav as per Balance Sheet June 2022
Cash in Bank on Call R 3,092,805
Current SBSA Account R 1,680,541
Inventory R2,143,940
Trade Receivables Less Trade Payable R 2, 346,166
A fair asking price for this business based on the above
All-inclusive R23 Million Rand
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