BBSA_2015_Sep-Dec_EMAIL PDF

The authority on buying and selling businesses
SOUTH AFRICAN EDITION, ISSUE 4
ManagingYour Company’s
Compliance Obligations
THEIMPORTANCE
OF PROTECTING
YOUR BUSINESS
SHAREHOLDING...
To Sign Surety
for Business Funding
Can Have Dire Consequences
PreparingYour
Business for Sale
TIPS on Buying
a Business
Amendments
To Existing Contracts
Turning
a Cash Flow Crisis
Around in a Hurry
140+
Businesses for sale
plus 100s more at
linkbusiness.co.nz
Businesses for sale
plus 100s more at
linkbusiness.co.za
Businesses for sale
plus 100s more at
linkbusiness.co.za

LINK has one of the most comprehensive and sophisticated databases of business sales in the country. We have been tracking and
analysing trends for many years.
We are also one of the only companies to conduct regular independent research to determine the motivations of potential buyers
and identify the key issues that are important to them.
LINK Marketing LINK People LINK Information
Technology
linkbusiness.co.za, linkbusiness.com.au,
linkbusiness.co.nz, linkbusiness.com
LINK’s powerful online search engine advertises
business opportunities without disclosing
confidential information.
LINK’s Service Brochures
LINK produces a comprehensive range of high
quality service brochures. Service brochures are
updated regularly with new subjects added to
the constantly growing collection.
Online Training Academy
LINK’s own online training tool, adapted for
each country individually and certified through
our head office. This translates into proven
training and operations procedures which
have been documented in easy to follow sales
and administration manuals incorporating
appropriate policies, protocols and practices.
Best Possible Service
In order to deliver the best possible service,
we have specialised business brokers in the
following areas;
LINK’s Online Valuation Tool
The LVT has been built to assist brokers in
reaching an appraisal price for a business.
LINK’s Monthly E-Newsletter
Sent only to those who have registered with
LINK.
Business Broker Magazine
LINK publishes its own magazine, Business
Broker three times a year.
Accommodation
Automotive
Beauty/Health
Construction
Corporate
Education/Training
Franchise
Home Based
Importing/Exporting
Manufacturing
Professional Services
Retail Food & General
Rural
Technology/IT
Transport/Distribution
(Business Operating System Software)BOSS
LINK’s internal operating system that is used to
recordlistingsandcontacts.Builtandconstantly
developed by LINK – over $1.2 million has been
spent to date.

3linkbusiness.co.za 087 820 4600
Table of Contents
Welcome. From the National Franchisor
Karen Dorfling and Ian Craig
Co-Principals of LINK South Africa
04
The Importance of Protecting Your Business Shareholding Through
a Buy and Sell Agreement and The Right Level of Life Insurance
Jannie Rossouw, Head of Sanlam Business Market
06
To Sign Surety for Business Funding Can Have Dire Consequences
Jannie Rossouw
Head of Sanlam Business Market
18
Preparing Your Business for Sale
Karen Dorfling
Co-Principal, LINK South Africa
08
Tips on Buying a Business
Karen Dorfling
21
Managing Your Company’s Compliance Obligations
Lynette Visagie
Tax Practitioner, Eden Accounting
23
25
Business Opportunities
R8,500,000 plus 26
Eastern Cape 31
Garden Route 37
Gauteng 42
Kwazulu-Natal 46
National 48
Western Cape 49
Caution - Amendments To Existing Contracts by Means of Electronic
Communication and Written Correspondence
Dykes Van Heerden (Cape) Inc
15
Turning a Cash Flow Crisis Around in a Hurry
Bill Gibson
Knowledge Brokers International
11

4 linkbusiness.co.za 087 820 4600
Welcome to readers of this fourth edition of our very own LINK South Africa Business Broker
Magazine which is bursting at the seams with attractive business opportunities.
Whether you are buying a home business or a thriving commercial type enterprise, LINK will have
what you are looking for. The business sales industry is active and we strongly encourage you to
be prepared if you are looking at buying a business; get your finances in order, have a clear time
frame, and have your budget worked out.
Seek out businesses that are within your budget, within your skill range and that you determine
to have the potential. However, you need to remember that while buying a business is very easy,
buying the right business takes considerable skill.
Sometimes it is the combining of two businesses where you will find real economies of scale and
you may find two businesses that are both performing badly that when combined would flourish.
Rememberthatnobusinessisabsolutelyprefect.Therewillbetimeswhenyouwillhavetocompromise
somewhere, so be prepared to have some flexibility if you want to own your own business.
With many good businesses attracting multiple offers, it is important to be prepared and realistic.
On the other hand, we are still struggling to procure enough quality businesses to feed demand.
Thus; if you own a business and have considered selling, please call one of our brokers today and
have your business appraised, you might be pleasantly surprised.
Finally, if you ever considered becoming a business broker, our offices around the country are
busy hiring quality business brokers. Business broking can be a hugely rewarding career for
the right person, and you may be just who we are looking for. Should you be interested, call
any one of the South African LINK offices, the contact details for which you will find online at
www.linkbusiness.co.za
I hope you enjoy this edition of Business Broker magazine which is filled with ideas and
opportunities. Whether you are selling or buying a business, have a chat with one of our friendly,
knowledgeable brokers whose job it is to make these opportunities a reality.
Sincerely,
Ian Craig
Co-Principal
LINK South Africa
Karen Dorfling
Co-Principal
LINK South Africa
EDITOR
Jenny Holden
GRAPHIC DESIGNER
Kristin Hatland
CONTRIBUTORS
Ian Craig, Dykes Van Heerden (Cape) Inc.,
Bill Gibson, Jannie Rossouw, Karen Dorfling
and Lynette Visagie
Business Broker Magazine is published by
Link Business Franchising Ltd. Some images
shown are for illustration purposes only
and are not necessarily examples of the
business’products or services.
ADVERTISING
If you wish to advertise in this magazine
please contact Karen Dorfling.
P: 083 226 9017 or
E: karend@linkbusiness.co.za
HEAD OFFICE CONTACT DETAILS
Link Business Franchising Ltd
Level 1, 401 Great South Road, Ellerslie,
Auckland 1061, New Zealand.
P: +64 (9) 555 6007
LINK South Africa Head Office
9 Elangeni Park, 2 Elangeni Road, Hillcrest,
KwaZulu-Natal, 3610
P: 087 820 4600
LINK SOUTH AFRICA
linkbusiness.co.za
LINK NEW ZEALAND
linkbusiness.co.nz
LINK AUSTRALIA
linkbusiness.com.au
LINK UNITED STATES
linkbusiness.com
DISCLAIMER
The contents of Business Broker are copyright of Link
Business Franchising Ltd. Any reproduction without
prior permission is strictly prohibited. Although
information in Business Broker has been derived
from sources believed to be reliable and accurate, no
liability is accepted for any opinions expressed or for
any error or omissions. This includes material which
may be inserted into the publication.
From the desks of Ian and Karen

Salesperson and Deal of the Year
Karen Dorfling
LINK Garden Route
Franchise Office of the Year
The Team
LINK Garden Route
Broker of the Year
Greg King
LINK East London
Rising Star
Ben Schlachter
LINK Garden Route
Eastern Cape l Garden Route l Gauteng l Kwazulu-Natal l Western Cape
LINK Awards
South Africa 2015

A Buy and Sell Agreement is a critical
consideration for business owners with a
shareholding in an enterprise, says Jannie
Rossouw, Head of the Sanlam Business
Market.
It constitutes a written agreement between
the owners of a business entity, obligating
themselves on their deaths or in the event
of permanent disability to sell their interest
to the survivors. Likewise, it commits
the survivors to purchase the deceased
member’s interest.
In most cases, the personal assets of the
various partners are tied up in the business,
as profits are often kept in the business.
Rossouw believes life assurance is the only
safe and sound and the most affordable way
of creating the necessary funds in terms of
the agreement.
“The members or partners and
shareholders enter into an agreement in
terms of which they effect policies on each
other’s lives. The co-owners other than the
assured pay the premiums. If a credit loan
account exists, it can be included in the
buy-and-sell agreement by including the
loan account amount in the cover on the
life of the creditor.”
Rossouw says that in the absence of a bona
fide agreement, the surviving owner(s) may
be faced with serious challenges.
A Buy and Sell agreement, however, gives
the surviving owners immediate, full and
unhindered ownership of the business:
• Funded by insurance, it provides the
ready cash the moment it is needed.
• The surviving owners pay a fair value (if
the level of insurance was continuously
aligned with the value of the business)
for the acquired share of the business
and hence the needs of the deceased
owner’s heirs are also met. It prevents
the business from being drained of its
capital resources.
• Instead of borrowing money and paying
interest, a life policy is usually much
cheaper and readily available.
Rossouw says the unfortunate scenario
of a business owner losing his interest in
a business plays out time and again in
businesses around the world.
He warns that the death of an active co-
owner or partner can place untold strain
on both the business and the surviving
partners with dire consequences.
“It is critical for business owners to be
prepared for unforeseen events that might
affect their businesses.This can include the
sudden death or departure of a business
partner. Disaster can be avoided if business
partners have an up-to-date buy-and-sell
arrangement in place.” Rossouw explains
that a buy-and-sell arrangement consists
of two parts: The first part is, the buy-and-
sell agreement, referenced earlier, which
compels a surviving partner to purchase a
deceased partner’s shares from the estate
and compelling the executor to sell. He
explains that the second part of a buy-and-
sell agreement refers to a set of insurance
policies over the co-owners’ lives,
usually equivalent to the market value
of their respective share in the business.
A buy-and-sell arrangement enables
the remaining owners of a business to
choose who their future business partners
will be, while protecting the businesses’
profitability and continuity. He says it also
gives the family of the deceased partner
the assurance that they will receive a
market related price for the deceased
partner’s share of the business.
“Business owners should ensure that such
structures are in place by consulting with
a qualified adviser or an accredited broker.”
Rossouw says.
THE IMPORTANCE OF PROTECTINGTHE IMPORTANCE OF PROTECTING
your business shareholding through
a Buy and Sell Agreement and the
right level of life insurance
Article by:
Jannie Rossouw
Head: Sanlam Business Market
T +27 21 947 3574
F +27 21 947 9635

At LINK we give you the training, support and technology you need
to succeed, seek your full potential to tackle the challenges. LINK is an
environment where you are rewarded for your hard work. If you are
good at networking and creating relationships, then Business Broking
is a career that will open doors for you and allow you to succeed at an
unlimited pace. With offices across South Africa, Australia, New Zealand,
United Kingdom and the United States, LINK is proud of its growth and
market dominance - based on results and integrity.
The success and growth of LINK is largely attributed to three key factors:
• Specialist brokers and divisions.
• Embracing technology and shaping it to gain benefit.
• LINK’s unique success system, founded on work-place training and
competency based standards, which translate into proven training
and operational procedures have been documented in easy to
follow sales and administration manuals incorporating appropriate
policies, protocols and practices.
LINK’s commitment to excellence has helped us forge a reputation
as industry leaders and that’s why we are confident to say we are
“The authority on selling businesses”.
Our Culture
The difference between LINK and our competitors must be the
unquestionable ethics of our brokers, and their high degree of
professionalism and SUCCESS. LINK will become the largest global
brokerage, although we will always look to be better before bigger.
LINK is a vibrant, growing entity founded on strong service and caring
principles, with a non-negotiable philosophy of ethical dealings.
It follows the reporting disciplines of a larger company but without
the bureaucracy.
Become Your Own Boss
Franchisee and Business Broker career
opportunities NOW available with LINK
In July 2013, I joined LINK after selling a family
business. Throughout my dealings with several
business brokers, I soon realised that a massive
opportunity existed in the market place for a
professional business broking service. With this in
mind, all my energy was focused on finding the most
dynamic business brokerage in South Africa with a
large international network of offices and registered
clients and then I discovered LINK.
LINK has surpassed all my expectations by providing
consistent support in a friendly and professional manner and by providing all the
necessary systems and tools which makes it impossible to fail as a business broker.
Business broking with LINK behind me has certainly proved to be a dream
opportunity and career come true!
Amanda Claassen
Franchisee - LINK Port Elizabeth
Mobile: 074 942 3582
Email: amandac@linkbusiness.co.za
Having spent the last several years looking for an
opportunity to acquire my own business, I came
across and made use of LINK Business Franchising
Limited during my search and noted that the field
of business broking was very underdeveloped
in the Eastern Cape area. I decided to grasp this
opportunity and purchased a LINK franchise.
From day one, I have not looked back and the
professionalism and support that one gets from
LINK is like no other. Having my own LINK franchise
offers unlimited potential where the sky is the limit. I am very pleased to be
part of the LINK South Africa family and look forward to growing with this
dynamic company.
LINK Success Stories
Greg King
Franchisee - LINK East London
Mobile: 084 556 6166
Email: gregk@linkbusiness.co.za

1. Know Your Reason for Selling
Purchasers always want to know why the owner is selling, particularly if
the business is successful and profitable, so you must be very clear in your
mind why you are selling and you must be able to clearly and convincingly
communicate this to a potential purchaser so you don’t lose their confidence.
Are you selling because you are tired and burnt out? Would a break or a
holiday help you renew your energy and enthusiasm for your business? Are
you ale to employ a manager who can run the business so you can have more
time to pursue other interests or business opportunities?
2. How Critical is Your Role in the Business
Are you able to make yourself redundant? The less you have to do with the
day to day operations of the business, the more purchasers you will be able
to attract. Document your operational policies and systems in a Procedures
Manual. The more you document, the more confident a purchaser will feel
about your absence from the business. Make sure your staff understand
their responsibilities and performance expectations and delegate the
management of their performance to an internal manager or supervisor. Try
to remove yourself one step from the operational level so you can maintain
a business performance overview that a new owner can step into without
having to understand the more complex technical or operational details in
their early stages of ownership.
Are your business relationships on a personal level and critical to the success
of your business? If your clients do business with you because of you, you
might want to consider how you take a step back from the personal nature
of the relationship and put it on more of a business footing. Document
any verbal agreements with clients and suppliers so they become more
tangible and transferable, and ensure any existing contracts are not due to
expire soon. This will provide a greater level of value and security for your
purchasers. There are many people to consider when selling your business,
most important being you. What will you do after selling? Will you be able to
relax or will you need to find a job? What will be the impact on your family?
Will they suddenly be able to have you around more often to spend time
with, or will a potential loss of income affect your current lifestyle?
3. Get Your Statutory Documents in Order
Are your statutory records up to date? Are your leases, instalment sale
agreements and hire purchase agreements up to date and filed together
in a safe place? Ensure that all contracts and legal documents with any
third or related party are safely filed, readily available and current so you
are ready should the purchaser want to view these documents during the
due diligence.
If you lease your operating premises, check the remaining term of your lease.
Do you have a reasonable term and further rights of renewal that will give a
buyer ongoing security of location? Is there flexibility in the lease if the buyer
wants to re-locate the business? You will also need to know if you have a
sublet clause in your lease that allows you to transfer your obligations under
the lease to a third party or a new tenant.
Landlords frequently keep the original lease in place and allow a cession
or sublease, but keep the original tenant on the hook by not releasing the
personal guarantee in case the assignee defaults on the rent. This protects
the landlord, but exposes the original tenant (seller of the business) to the
risk that the business buyer may not be a successful operator.
The ideal scenario is to be able to release all of your obligations to the
landlord and have them transferred to the purchaser. Make certain that you
understand what is required to achieve a complete and thorough assignment
of your lease.
Ensure all your employees’ have current employment agreements.
Maintaining your employees trust and confidence is critical during the
sale process.
4. Ensure Your Financial Records Are Current
Your financial records are the most important piece of information for
demonstrating the businesses profitability to a prospective buyer. Expect
the buyer to want to see financial accounts produced by your accountant
for the last three years. This will help them identify profitability, trends, and
variances. Having to wait for financial records will always create uncertainty
for a potential buyer and can result in the loss of a sale.
Make sure your debtors are up to date and not stretched out beyond your
normal terms of trade. Buyers might see poor debtors’ management as an
opportunity to increase efficiency in the business but that will also affect the
price they offer because of the impact this might have on cash flow.
Equally, make sure your creditors and suppliers are paid up to date as this will
give a buyer confidence that the business is financially stable. If your financial
records are up to date and you can produce timely financial reporting you
will give the buyer confidence that the business is well managed.
A purchaser will most likely perform a due diligence on the last two to
three years’ worth of financial information. Are all your tax, VAT and PAYE
returns submitted and paid up to date? Do you have any outstanding
issues with SARS? Even if you are not required to be audited, perhaps now
is the time to request a voluntary audit or have a pre-sale due diligence
done on your business.
YOUR BUSINESS FOR SALE
As a small to medium-sized business owner, selling your business
is possibly not your priority right now, but in order to achieve
a successful sale, you should start preparing early in order to
optimise the value that you could receive.
The following ten practical steps will guide and assist you to
achieve the best value on the ultimate sale of your business.

5. Determine the Business Value
Your books are in order and you have a strategy for the business into the
future (with or without you), but you still don’t know what your business
is worth. You have a gut feel, but you need a professional valuation.
Attaching a value to your business is always a challenging process. There
are several methods that can be applied to the business valuation process
and are dependent on the nature of the business. Valuing a business is
very different to valuing a residential property. Valuation and sales data for
residential properties is abundant and tangible. Data on business sales is
not as readily available.
Everyone needs somewhere to live, but not everyone needs to buy a
business, and those in the pool of potential business buyers all have
very specific buying criteria including industry, scale, location, price and
personal involvement. Valuing your business on your own will generally
provide you with a very subjective figure. Always engage a professional
LINK broker who has experience in providing business market appraisals
to ensure you get an objective and market oriented perspective on the
recommended selling price for your business.
6. What Is the Tax Implications
Have you consulted your tax advisor? When selling your business, taxes are
inevitable. Capital Gains Tax now comes into play.
Discuss the proposed sales price of your business with your accountant or
auditor so you know how to best structure the transaction so there are no
unexpected surprises after the transaction is concluded.
7. Are You Choosing An Opportune Time To Sell?
Timing is critical when selling and that timing could be critical for you and
your personal needs or circumstances or for the business and what it might
achieve from a sale.
AS A RULE, THERE ARE TWO BEST TIMES TO SELL:
1. When you have an unsolicited offer to buy your business.
2. When your operational performance and sales are optimised and there is
likely to be significant interest from other industry operators. Would you
be better to wait for a lift in the market or should you sell now before the
market declines further? If you could sell your business for your desired
price, could you put your capital to work somewhere else and achieve
a greater return? Would a sale restrict your ability to continue to work
in this industry (a restraint of trade clause might prevent this)? Will the
proceeds of a sale provide you with sufficient funds to retire?
Your LINK broker will qualify each purchaser to ensure they have the required
funds to invest in your business opportunity. Look at all offers objectively
and weigh up the pros and cons. If the business is held in a trust, consult
with all trustees, as the decision to sell cannot be made by only one trustee.
Accept the offer that is best for you.
8. Imagine Your Business Is Your Home
When we sell our houses or homes we always tend to have a big clean up
and throw away lots of rubbish and then paint, polish, clean and manicure
the property so it is well presented to potential buyers. Tidy, clean, and
uncluttered properties are always more inviting and attract more buyers.
The same applies to a business. Clean and maintain your operating plant
and equipment. Make sure you have up to date service records for critical
machinery. Clean and tidy the operating premises and make sure all your
operating permits and compliance records are current. Review your
inventory and sell all your obsolete or slow moving stock.
9. The Due Diligence Process
Your LINK broker will ensure that the due diligence process happens in an
orderly manner. Purchasers will insist on a due diligence and might opt to do
it themselves or appoint a professional to do it on their behalf. This is normal.
It does not mean the purchaser doesn’t trust you.They are simply doing their
homework to ensure they know what risk they are taking to invest in your
business. Once this is over and the purchaser accepts the outcome of the
due diligence, your LINK broker will advise you on the next step – preparing
a sales agreement.
10. Handover and Letting Go
You will most probably be required to stay on in the business for some time
to ensure smooth handover.This might be an emotional time as the business
is not yours anymore – you will not be the decision maker anymore.
There comes a time when you will be expected to pass on your knowledge
of the business and its operations and guide the relationships that the
purchaser will need to build with both customers and suppliers.
Be prepared for the handover, to ensure that the business that you built
continues to grow from strength to strength under new ownership.
Article by:
Karen Dorfling
M: 083 226 9017

If you are an ex-business owner or real estate agent
and interested in earning above average income
while interacting with likeminded people, please
contact your nearest office. (All applications will be
treated as confidential).
Ian Craig
P: 082 452 8186
E: ianc@linkbusiness.co.za
Karen Dorfling
P: 083 226 9017
ºº National Network
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ºº Manuals
Why Choose a Career with LINK
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ºº Support
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BOSS (Business Operating System Software)
This is the most powerful business brokering software in the world. Built and constantly developed by LINK with over $1.5 million spent to
date. Designed by brokers for brokers. Freely accessible by brokers in a secure environment. This database contains all the purchaser and
vendor details and is supported by features including a highly effective search and match, plus contact management facilities.
linkbusiness.co.za
LINK’s websites are continually being researched and developed with new ideas, updates and upgrades. Anyone looking to buy a business in
South Africa, New Zealand, Australia or the United States will quickly find the LINK site. LINK’s powerful website supports email alerts, online
confidentiality, detailed search, auto uploading to business sale portals plus much more!

Act immediately
Do not waste time and energy on trying to figure out how it happened or
whoistoblame.Youcandothatlater.Focusallyourresourcesoncorrecting
the short-term cash flow problem rather than trying to find out who is to
blame including blaming yourself. It is a waste of time and energy.
Be proactive with your creditors
Visit or call them and explain your situation. Ask for a specific payment
or non-payment plan over the next 60 to 90 days. It is simply a matter
of scheduling payments that both you and the creditors can live with.
Get the payments as low as possible with a commitment to increase the
payments if things get better. Find out the minimum payments your
creditors can accept. Perhaps you can even just pay interest. Tell them
you will phone at the end of the month to inform them what you can
pay. Ask them to not phone you in the first three weeks so that you can
devote all your time and energy to bringing in the cash, rather than
handling calls from creditors which depletes your time and energy. If
you owe a large amount of money to creditors it is not just your problem,
it is also theirs. They want to see you stay afloat. Swallow your pride and
invite them to help. You will be surprised at the solutions with which
they may come up.
Be proactive with your debtors
Sit down face-to-face with all clients who owe you money. Offer a
discount of 10% to those who can pay much faster than normal.
Negotiate payment advances. Ask for advances of 30% to 100% on
jobs that you are doing. This could carry you through the tough period.
The last two months before year end large companies, parastatals and
government departments often have budgets they have not spent.
If they do not spend the money, it is not carried over to the next
financial year and so they often pay in advance. Be sales oriented. Every
single person who works for the company has to be sales oriented.
Reg Wightman, the owner of a building supply dealership, one day
accompanied his truck driver on a delivery. He walked around the site
and talked to various people working on the job. When he left the site
he had a bigger order than when he arrived. It made him realise that the
person doing the delivery is also really a salesperson, so he rearranged
his whole operation. He delegated a lot of his responsibilities as manager
to other employees so he could be on the delivery truck a lot more. His
sales increased markedly.
The worst thing you can do when in a cash flow crisis
is say, “I do not believe it.” While you are saying this you
are in denial and valuable time is passing by. Rather face
reality. “If it walks like a duck, and it talks like a duck, it is
not an eagle.”
Here are a few quick tips on turning a cash flow crisis
around in a hurry.
Find innovative ways to sell
Terry Stalker is the owner of a bed company. He decided to place lamps,
comforters and sheets in his delivery trucks so that his delivery people
could sell them when doing deliveries. Installers were also trained to
look around the house and report any needs they noted in terms of
furniture. A few days later, one of the salespeople would give the client
a call saying, “Well, our driver was at your home and he noticed you
seemed to need…” They got a lot of add-on sales that way. When you
have a cash crisis you need to find innovative ways to sell.
Last resort moves
• Take your short–term debts, such as lines of credit, promissory notes,
credit card balances, income tax and supplier balances, and try and
get a consolidation loan. Spread the payments over three years.
This frees up monthly capital and lowers your monthly overheads. It
might cost more in terms of interest in the long run, but it could be
the short term fix needed to get you out of trouble. Often what you
need is“time”to pay.
• Consider offering shares in your company to major creditors to wipe
out all or part of the balance you owe. Have a good buyback clause.
• Sell your receivables at a discount to the company that buys
receivables.
• Use equity in your home with a second bond to pay off some of the
debts.
• Consider a financially sound co-signer for a large consolidation loan.
In return, you could put that person on your payroll for an agreed
amount until the debt is paid.
• Seek advice from business owners who survived cash flow problems.
Bill Gibson
Knowledge Brokers International
is a Canadian who is living in South Africa. He is an international speaker and author
and a developer of sales, service, marketing, collecting, employee morale building,
personal development and entrepreneurial training programs and systems. His blog
is www.bill-gibson.com and his website is www.kbitraining.com. He can be reached at
bill@kbitraining.com or phone +27-11-784-1720 in South Africa.
TURNING A CASH FLOW CRISIS
AROUND IN A HURRY

The Masisizane Fund, an initiative of Old Mutual South
Africa, focuses on high impact industry sectors, coupled
with a comprehensive SMME finance solution that
includes business support.
The Fund provides loan finance in:
• Agriculture
• Manufacturing
• Supply Chain
• Franchising
• Commercial Enterprise
Masisizane funding is biased towards businesses with
51% plus ownership by women, youth or people with
disabilities. It gives priority to rural and peri-urban/
township areas with 51% or more owned by previously
disadvantaged individual(s).
Masisizane operates nationally with its head office
in Gauteng and regional offices in KwaZulu Natal,
Limpopo, Eastern Cape and Western Cape.
Submit the following documents to the closest provincial
office for an initial screening for financial assistance from
the Masisizane Fund:
• Comprehensive business plan with market analysis
and projections;
• For established businesses – past financials (preferably
three years) and the latest management accounts;
• For start-up businesses – financial projections;
• Tax clearance certificate;
• Off take agreements and/or letters of intent;
• Signed consent for a credit check.
For more information and where to
find us visit: www.masisizane.co.za
MASISIZANE FUND ENTERPRISE
FINANCE
AND SUPPORT
Old Mutual is a Licensed Financial Services Provider

A common clause which is contained in
contracts is the non-variation clause, which
clause provides that the agreement may not
be varied unless agreed to and signed by the
parties in writing. This clause is included to
assist in promoting contractual certainty in
respect of the specific terms and conditions
agreed to between parties in relation to a
specific or continuing transaction between
the parties.
Spring Forest Trading 599 CC v Wilberry
(Pty) Ltd t/a Ecowash and another
In the Supreme Court of Appeal case of
Spring Forest Trading 599 CC v Wilberry (Pty)
Ltd t/a Ecowash and another [2015] JOL
32555 (SCA) Wilberry (Pty) Ltd’s (“Wilberry”)
business involved washing cars in the
parking lots of shopping malls, office parks,
hotels and hospitals, in terms of a written
agreement concluded with the Spring
Forest Trading 599 CC (“Spring Forest”).
The agreement contained a non-variation
clause which provided that no variation or
consensual cancellation would be effective
unless reduced to writing and signed by
both parties.
When Spring Forest was unable to meet
its rental commitments under the rental
agreements, the parties discussed the way
forward. One of the options discussed
by e-mail was to cancel the agreements.
The appellant chose that option and
communicated its election by return e-mail,
but continued operating its car washing
business at the locations covered by the
rental agreements, claiming that it was
entitled to do so as both the master and
rental agreements between it and the
respondent had been cancelled.
The court noted that the Electronic
Communications and Transactions Act 25
of 2002, as amended (“ECTA”) distinguishes
between instances where the law requires a
signature and those in which the parties to
a transaction impose this obligation upon
themselves. In this case, the non-variation
clauses were agreed upon by the parties
and were not imposed by law. The court
held section 13(1) to be inapplicable and
section 13(3) to be applicable. Importantly
the court held that the typewritten names
of the parties at the foot of the emails, which
were used to identify the users, satisfied
the requirement of a signature and had the
effect of authenticating the information
contained in the emails. The court held
that the e-mails stated unambiguously
that once Spring Forest settled the arrear
rental and returned the equipment it
could walk away without any further legal
obligation. The court held that as Spring
Forest had complied with the requirements
as set out in the non-variation clause,
a consensual cancellation had occurred.
As a result of this recent development as
to the interpretation and application of
section 13 of ECTA it has become crucial
for contracting parties to be aware that
proposals and counter-proposals exchanged
by email correspondence may becoming
binding on the parties once a proposal or
counter proposal has been accepted even
if the parties have a non-variation clause in
place in their contract.
The conclusion of any sale of immovable
property as envisaged within the Alienation
of Land Act or otherwise required to be
signed in law ( wills, bills of exchange and
stampduties)maynotbeconcludedthrough
electronic communication other than by
means of an advanced electronic signature.
However there is a risk that amendments
to such contracts may be considered by the
courts to fall within the ambit of section
11(3) and that email correspondence
exchanged and agreements reached by the
parties may be argued to be binding on the
parties, irrespective of the requirements of
an advanced electronic signature not having
been complied with.
This article has been provided by Dykes van
Heerden (Cape) Inc and has been prepared
for information purposes only and does not
constitute legal advice, or a legal opinion,
the practical application of the provisions of
this article will vary depending on the facts
of each case.
The recent judgment by
the Supreme Court of Appeal
in Spring Forest Trading 599 CC v
Wilberry (Pty) Ltd t/a Ecowash and
another [2015] JOL 32555 (SCA) has
had far reaching consequences as
regards the variation of contracts
by means of an exchange of
email correspondence.
Caution – AMENDMENTS
TO EXISTING CONTRACTS BY MEANS
OF ELECTRONIC COMMUNICATION
AND WRITTEN CORRESPONDENCE
Dykes Van Heerden (Cape) Inc
Attorneys and Conveyancers
T: 0861 110 210 F: (021) 910-4911
E: admin@dvh.law.za W: http:/www.dvh.law.za

External funding – in the form of an overdraft facility, a term loan or asset
finance – is a normal part of business. Few entrepreneurs realise, however,
that signing surety on behalf of their business can have a severe impact on
their personal estates unless they have taken out adequate insurance cover,
says Jannie Rossouw, Head of the Sanlam Business Market.
“Most financial institutions require the owner of the business to sign surety
for funding. If the owner dies or is permanently disabled, his or her estate may
be called upon to settle the debt. This can put enormous financial pressure
on the owner’s family members, as funds that should have been used for
their maintenance will now go towards paying business debt,”he says.
Business owners need to ensure their personal estates and their businesses
are protected through contingent liability insurance, which pays off business
debt if the business owner dies or becomes disabled. “Of all the financial
planning needs entrepreneurs should consider, such as insuring against
the loss of a key person, succession planning and cover for employees,
contingent liability is by far the most important.”
Rossouw says covering other insurance needs first is like putting the horse
before the cart. “Almost all businesses have debt, and yet not enough
business owners consider the need and benefits of contingent liability cover.”
Sadly, he says most business owners have an attitude of‘it will never happen
to me’.“These business owners are taking significant risk.“
Rossouw says the implications of signing surety on behalf of a business do
not stop at the estate of the deceased or permanently disabled owner. It can
have a ripple effect that could potentially ruin a thriving business.
For example, if the surety is called up against the estate of the deceased, and
there is no liquidity in the estate to cover the surety it could result in a claim
against the business or the remaining owners who signed surety, usually
jointly and severally.
Business owners often do not fully understand what they are liable for and for
how long, when they sign a suretyship document.“It is important to note that
signing surety is usually only required for the term of the financing agreement
or while the business owner is involved in the business. When the loan has
been repaid or if the owner leaves the business, the surety must be cancelled.
If this is not done, the owner who stood surety at the time of the debt, will
remain liable for the debt if the surety is called up by the financial institution.”
Contingent liability insurance usually takes the form of an insurance policy
with life and disability cover, taken out by the business, which owns the
policy and pays the premiums.The premiums are not tax deductible, making
the eventual pay-out free of tax. The policy is often ceded to the funding
institution for security.”
There are, generally, two ways of structuring a contingent liability policy,
explains Rossouw. It can be owned either by the business itself as the
policyholder (where the business pays the premiums), or by the business
owner personally. We definitely recommend a company-owned policy
structure, mainly because of complications which may arise if the business
owner is the policyholder.”
The party who receives the benefit is obliged to pay the estate duty. The
business gets the benefit of the policy (the company’s loan gets repaid by
the proceeds of the policy), but where the business owner is the policyholder,
the policy is paid out to the estate of the owner. The estate will have to pay
the estate duty and then claim it back from the business. This will delay the
winding up of the owner’s estate.
Rossouw says it is crucial to obtain expert advice from a qualified financial
adviser before making any decisions on business insurance cover. “Each
business owner has unique financial needs. A financial adviser can assist in
prioritising these needs to protect not only the individual business owner,
but also their families and their business,”he concludes.
Article by:
Jannie Rossouw
Head: Sanlam Business Market
T +27 21 947 3574
F +27 21 947 9635
The tax implications of the two structures are:
Company-owned Policy Personal Structure
Income Tax
• Falls within the ambit of the
Income Tax Act
• Premiums not tax deductible
and benefit paid is tax-free
• No income tax implications
• Premiums not tax deductible and
benefit paid is tax-free
Estate Duty
• Estate Duty payable by the
business
• Less a rebate (premiums paid
plus 6% compounded)
• Estate Duty payable by the estate
of the deceased
• Counterclaims could delay
winding up of estate
Donations Tax • No Donations Tax implications • No Donations Tax implications
Capital Gains Tax • No Capital Gains Tax implications • No Capital Gains Tax implications
TO SIGN
SURETY FOR
BUSINESS FUNDING
CAN HAVE DIRE
CONSEQUENCES

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Buying a business can be an overwhelming experience, especially if it is the
first time you take this big step.
Keep the following in mind when making the decision to buy a business:
IT TAKES WORK
If you want your life dream to be fulfilled and aim to make a fortune,
remember you have to get into the boat and row it. The sad thing is that
many people buy a business and then sit back and relax, which inevitably
costs them very dearly.
KNOW YOUR STRENGTHS
You have to know what strengths you have to acquire a certain business.
Don’t buy a business simply because the net profit is lucrative or it’s making
a good turnover.
• Don’t buy a filling station… just because everyone needs fuel
• Don’t buy a bakery… just because you love baking for your family
• Don’t buy a beauty salon... if you are a mechanic
• Don’t buy a coffee shop... if you can’t fry an egg
ASK YOURSELF THE FOLLOWING QUESTIONS:
What income do I need from the business to make a living?
How much cash do I have available to purchase the business and how much
money can I raise – i.e. policies, bonds, etc.?
What skills or expertise do I have?
What type of business am I suited for?
What impact will the business have on my family life and leisure time?
How do I relate to people? Am I an introvert of extrovert?
If you are a person who cannot make a decision without assistance DON’T
BUY! Owning your own business demands that you be a decision maker.
Remember, you must have a passion for the type of industry you want to go
into. DON”T buy just for the sake of buying a business!
WHY DO YOU WANT TO BUY A BUSINESS
It is most times more advisable to purchaser a going concern than to start a
business from scratch as the capital outlay can be very costly.
• As an investment
• As a tax write off
• For the children
• To ensure your own future
• Keep up with the Joneses
• Inherited money, etc.
• To add to your existing income
• To earn more money
Be honest with yourself – what is YOUR reason?
Make sure you use a qualified broker to assist you with this big step in your
life. Make sure the broker you work with is registered with the Estate Agency
Affairs Board and holds a valid Fidelity Fund Certificate. This way you are also
ensured your deposit in the agency’s trust account is managed properly and
your deposit is safe.
Tips on Buying a Business
Article by: Karen Dorfling
M: 083 226 9017

Shop 5B Nedbank Centre, Corner of York and CJ langenhoven, George, 6530
Tel: (044) 873-0426 / 0425 • Email: george@jetline.co.za

Article by:
Lynette Visagie
Tax Practitioner, Eden Accounting
M: 083 225 6434 / lynette@edenaccounting.co.za
Practitioners Code PR-0006640
3. CHANGES IN ADDRESS
CIPC must be notified of changes in the physical
and/or postal address of the company on a CoR21.1
form within 5 working days before the change is to
take effect.
4. FINANCIAL STATEMENTS
All companies are required to prepare financial
statements within 6 months after its financial year
end. Some companies are required to audit financial
statements. Refer to Companies Regulation 28, read
with Companies Regulation 26. If your company’s
financial statements are required to be audited, it
must be filed with the CIPC when the company files
its annual return.
5. VAT REGISTRATION
It is mandatory for a business to register for VAT if
the income earned in any consecutive twelve month
period exceeded or is likely to exceed R1 million. The
business must complete a VAT 101 Application for
Registration form and submit it to the local SARS
branch within 21 days from date of exceeding R1
million. A business may also choose to register
voluntarily if the income earned, in the past twelve
month period, exceeded R50 000. Registration forms
are available on SARS website
http://www.sars.gov.za.
6. UIF REGISTRATION
Employers must register with the Unemployment
Insurance Fund (UIF) or the South African Revenue
Services (SARS). All employers who have employees
working 24 or more hours a month must register for
UIF. All employers must register with SARS as soon as
they have an employee who earns taxable income.
The Unemployment Insurance Act and
Unemployment Insurance Contributions Act apply
to all employers and workers, but not to -
• workers working less than 24 hours a month for
an employer;
• learners;
• public servants;
• foreigners working on contract to be repatriated
at the end of their contract;
• workers who get a monthly State (old age)
pension; since 07/02/2007, no longer excluded
from contributing towards UIF or
• workers who only earn commission.
Domestic employers and their workers are included
under the Act since 1 April 2003. Registration forms
are available on the website
http://www.labour.gov.za.
7. COMPENSATION COMMISSIONER REGISTRATION
All employers who employ one or more workers in
connection with their business or farming activities
arerequiredtoregisterwiththeCompensationFund.
A separate registration is necessary for each separate
branch of a business, unless an arrangement for
combined registration has been made. Registration
forms are available on the website
http://www.labour.gov.za.
8. INCOME TAX REGISTRATION
Corporate IncomeTax (CIT), also known as a business
tax, is a tax imposed on businesses incorporated
under the laws of the Republic of South Africa and
which derive income from within the Republic or
through a branch or permanent establishment
within the Republic.
Every business liable for taxation, under the Income
Tax Act, 1962, is required to register with SARS as a
taxpayer.
Every registered taxpayer is required to submit a
return of income twelve months after the end of
the financial year, of such taxpayer, in the prescribed
form. Returns can be submitted electronically via
e-filing or manually at a SARS branch where the
taxpayer is registered.
In addition to annual income tax returns, every
business is required to submit provisional tax
returns. These returns are required to be submitted
every six months and must contain estimated
figures of total revenue earned for that period and
to pay over taxes in respect of the income estimated
for that period.
The income tax registration form IT77 is available on
SARS website http://www.sars.gov.za.
9. DEREGISTRATION AND LIQUIDATION
A company needs to apply either for deregistration
or for liquidation when the company stops trading,
depending on the circumstances. Deregistration
is advisable in cases where the company does not
have any assets and is inactive, while liquidation
is advisable in cases where the company has
outstanding liabilities that must be resolved first.
Registering your company is only the
first step in managing it.
Throughout its lifespan a company is
required to maintain its information
and legal status with the CIPC.
Failure to do so may have serious
consequences for your company and
your business activities, as it may
result in deregistration.
Business owners must ensure that the CIPC always
has the latest contact details for the directors or
the authorised representative so that important
information relating to annual returns, director
changes and pending deregistration can be
transmitted efficiently and effectively to the
correct person.
The Companies Act, 2008 places compliance
requirements on all registered entities throughout
its life cycle, which includes any changes to the
company information, annual return filings and
deregistration.
Set out below is an easy guide to assist you with
managing your company compliance obligations.
1. ANNUAL RETURNS
An annual return is not the same as a tax return
which is filed with SARS. Annual returns are due on
the anniversary date of the company’s incorporation
date and must be filed within 30 business days of its
due date.This can be done electronically via the CIPC
website. A fee is payable at the time of filing which is
dependent on the turnover of your business. Failure
to file the annual return will result in your company
being deregistered.
2. CHANGES IN DIRECTORS OR AUDITORS
CIPC must be notified of any changes in directorship
or auditor of your company within 10 business days
of such change on a CoR39 form for director changes
and CoR44 for auditor changes.
The appointment of an auditor for private and
non-profit companies are not mandatory but such
may be required if the company reaches certain
thresholds. Refer to sections 28 to 31 of the
Companies Act, and Companies Regulations 24 to
34 relating to financial record keeping, access to
such information and filing requirements.
MANAGING
YOUR COMPANY’S
COMPLIANCE
OBLIGATIONS
Please ensure that CIPC always has the
latest contact details for the directors or the
authorised representative so that important
information relating to annual returns, director
changes and pending deregistration can
be transmitted efficiently and effectively to
the correct person. Also ensure that SARS is
informed of any changes.

THE LINK NETWORK
We have offices with dedicated business sales professionals
across South Africa, New Zealand, Australia and the United States.
LINK New Zealand
linkbusiness.co.nz
Northland
Auckland, North Shore
Auckland, Ellerslie
Bay of Plenty & Waikato
Wellington
Christchurch & South Island
Ballito
Gavin Parkins
+27 82 624 2521
gavinp@linkbusiness.co.za
Centurion
Leon Bahlmann
+27 82 600 3848
leonb@linkbusiness.co.za
Durban
Ian Craig
+27 82 452 8186
ianc@linkbusiness.co.za
East London
Claire King
+27 73 232 4407
clairek@linkbusiness.co.za
Garden Route
Karen Dorfling
+27 83 226 9017
karend@linkbusiness.co.za
13 Alberta Center
Albert Street, George 6529
Johannesburg North
Rush Lehutso
+27 83 2511 846
rushl@linkbusiness.co.za
Knysna/Plettenberg Bay
Karen Dorfling
+27 83 226 9017
LINK United States
linkbusiness.com
Los Angeles
Phoenix
St. Louis
San Diego
Dallas
LINK South Africa
9 Elangeni Park, 2 Elangeni Road, Hillcrest,
KwaZulu-Natal, 3610 South Africa
For further LINK franchising opportunities please
contact the Co-Founders of LINK South Africa,
Ian Craig - ianc@linkbusiness.co.za or
Karen Dorfling - karend@linkbusiness.co.za
Here is a selection of businesses LINK has for sale. For more business opportunities visit linkbusiness.co.za
CONTENTSOF BUSINESS OPPORTUNITIES SECTION
26 R8,500,000 plus
31 Eastern Cape
37 Garden Route
42 Gauteng
46 Kwazulu-Natal
48 National
49 Western Cape
Port Elizabeth
Amanda Claassen
+27 74 942 3582
amandac@linkbusiness.co.za
Western Cape City Bowl
JC Smith
+27 74 460 5556
jcsmith@linkbusiness.co.za
Western Cape Northern Suburbs
Karen Dorfling
+ 27 83 226 9017
Western Cape Southern Suburbs
Karen Dorfling
+ 27 83 226 9017
Western Cape Boland/Helderberg
Karen Dorfling
+ 27 83 226 9017
Westrand
Helmut Bahlmann
+27 79 903 9837
helmutb@linkbusiness.co.za
LINK South Africa linkbusiness.co.za
LINK Australia
linkbusiness.com.au
Sydney
Newcastle
Sunshine Coast
Brisbane
Gold Coast
Adelaide

Businesses for sale - R8,500,000 plus
Location: Garden Route
Asking Price: R10,400,000 Excl. Stock and VAT
Broker: Karen Dorfling / 083 226 9017 / karend@linkbusiness.co.za
Lucrative Refrigeration Services Business
Established for more than 15 years, this company has a solid
reputation in the Garden Route.
The company is well established with branches and a 6th branch
to be established in the near future. They provide a full range of
installation and maintenance services in respect of all refrigeration
and air-conditioning. This includes commercial design, sales and
installation services from small to large cold/freezer storage facilities,
installation, sales & service of self contained units including beverage
coolers, meat cases, deli cases, wine coolers and ice machines.
The company has various service plans with large corporate and
national companies providing secure monthly income. With a
constantly expanding client base, this company is set for exceptional
growth and opportunities are endless. This business is ideal for a
client service orientated entrepreneur with good management skills.
No technical background is required and the seller will stay on in the
business in a consulting capacity for an extended period to ensure
smooth handover.
Asking price exclude VAT and stock of ± R100,000.
Location: King Williams Town
Asking Price: R10,000,000 Excl. VAT and Stock
Broker: Greg King / 084 556 6166 / gregk@linkbusiness.co.za
Three Franchise Take-Away
This is a truly unique opportunity that does not come along that
often.
On offer are three “top Brand” Franchise takeaway businesses all
situated in a close geographical area to one another. One of the
businesses has been in existence for over 5 years and is extremely
profitable while the other two are relatively new and showing strong
growth. The three businesses together generate a very impressive
monthly turnover in excess of R1,000,000.
These brands are founded on an innovative relationship marketing
strategywhichhasbecomeoneofthecorner-stonesoftherestaurant’s
success. They pride themselves on their focused direct marketing
strategy aimed at building long term relationships with their valued
customers. This strategy has been supported by innovative and
creative advertising campaigns. The business strategy has been built
on the principle of extrapolating consumer insights. Thus ensuring
that the brand remains relevant to both consumers, and within the
QSR environment. The identified need for innovation has become
a brand philosophy that filters through to the development and
implementation of all business strategies.
For more information on this unique opportunity please contact the
listing broker.
ref: 14066
ref:13797

Location: Garden Route Asking Price: R13,000,000
Well-Established Plant Nursery with Property
This business was first established over 20 years ago and is a well
known destination for both locals and visitors to the area. Well
known for its excellent quality plants and variety ranging from
seedlings to indigenous trees, the venue offers the customer a
very unique experience. Over the years, the venue has become a
popular destination for the whole family offering to fulfil all your
gardening needs while the family enjoy a delicious treat at the
onsite restaurant, enjoy the animals at the touch farm, and feed the
farm animals and have fun in the kiddies play park. The venue is a
popular choice for kiddies parties. Here the whole family can enjoy
the beauty and peaceful full surrounds overlooking the beautiful
Outeniqua Mountains. The nursery stocks a wide range of indoor
& outdoor plants, seeds, water features, pots, concrete products,
trees, and a wide variety of fertilizers, insecticides and a whole lot
more! A recently added function venue adds a new dimension to
the potential for this business. Included in this offer is the more than
17ha property with commercial and residential buildings currently
providing monthly rental income. All vehicles and equipment are
included. Also included in the offer is a compost manufacturing plant
for the wholesale market. The nursery currently caters for the end
user as well as the wholesale market including supply to landscaping
companies. Asking price exclude stock of ± R2m and VAT.
Location: Western Cape Asking Price: R18,000,000
Accredited Skills Training Center
This very profitable, accredited training college aims to change lives
by developing skills at an individual, enterprise and community level
throughout Africa. Their learning programs focus on addressing
scarce and critical skills shortages on the continent.
Their range of programs are based on the list of critical and scarce
skills as identified by the South African Government but at the same
time, they are constantly seeking to improve and expand on these
programs to ensure they stay current and even ahead of the ever-
changing needs in the industry.
This training center submits to the quality assurance of the
Department of Higher Education & Training as a registered Private
TVET College. SETA accreditation ensures quality and certification
after the completion of training interventions.
The seller would like to stay on in the business to focus on marketing
and growth of the business and would discuss various options
including partnerships with qualified buyers.
This opportunity offers a return on investment of more than 21% p.a.!
Asking price exclude VAT.
ref:14048
ref: 14116

Location: Far East Rand Asking Price: R12,000,000
Broker: Mike Sacker / 082 851 3790 / mikes@linkbusiness.co.za
Meat De-Boning Business
This business has been in existence since 2011 and has a very strong
management team who have been in the meat industry for many
years.
The business sources carcasses and primal meats from carefully
selected farmers around the country which is processed through
approved abattoirs.
Thefactoryisratedasoneofthetopmeatsuppliersinthecountryand
the business is listed with Pick and Pay, Spar and Shoprite/Checkers.
The return on investment is a wonderful 45% with a payback of only
27-months..
Please contact the listing Broker for further information.
Location: Western Cape Asking Price: R9,800,000
Broker: Jannie vd Merwe / 082 653 0582 / jannievdm@linkbusiness.co.za
Fast Growing Industrial Laundry
If you are looking for a business with solid reputation, established for
more than 30 years with loads of potential, then consider this one!
This business provides a laundry and linen cleaning service to clients
in the hospitality & medical industry.
• Existing service agreements in place which provide a solid
foundation for sustainable growth
• High Value asset base is relatively new and fully functional
• Business to business repeat clientele
• Growth Potential
• All systems in place, easy for the new owner to take over
• Solid financials ready for due diligence
The owner is emigrating and looking to pass this business on to
someone who thrives on the rewards of providing good service
and who will share the vision to drive this opportunity to its fullest
potential.
Asking price excludes VAT. Option to purchase the fixed property
where business is operating from can be discussed with the seller.
This is an exceptional business opportunity worth considering!
ref: 13968
ref: 13988

Refrigerated Transport Company ref: 14039
Broker: Paul Fox / 083 236 4292 / paulf@linkbusiness.co.za
We are proud to present this very successful refrigerated transport
company established in 2006 and operating out of the Garden
Route. With 5 trucks and refrigerated trailers and 7 fulltime
employees, the company transports packed food items that require
cold storage from depot to depot around the country. The majority
of business comes from contracts.The business can be absorbed by
an existing transport company. However, with the owner offering to
stay on to ensure full training, a purchaser from outside the industry
could acquire this company. Included in the price are assets worth
in excess of R9,000,000 and a significant net profit.
Established Farm Resort and Caravan Park ref: 13753
Location: Sunshine Coast Asking Price: R8,500,000
Broker: Neville Loader / 071 327 5916 / nevillel@linkbusiness.co.za
This well-known business (6 hectares) consists of a luxury caravan
park (48 sites, each with own bathroom), farm house, manager’s
residence and 7 self-catering chalets.
There are also facilities for restaurant, private chapel, banqueting
hall and conference facility. Great opportunity to revive what was
once vibrant and very profitable.
Property Opportunity & Recurring Income ref:13925
Location: Sunshine Coast Asking Price: R9,500,000 Excl. VAT
Broker: Claire King / 073 232 4407 / clairek@linkbusiness.co.za
Unique opportunity to purchase a residential property‘Instalment
book’. The opportunity offers an investor with minimal risks and
high returns.
The ‘Instalment book’ consists of 49 fully serviced residential
stands that have all been sold on an instalment sale agreement
over a fixed period.
Exciting New Business Concept with Patents ref: 13722
Location: Gauteng Asking Price: SA market only R12m Excl. VAT
Broker: Leon Bahlmann / 082 600 3848 / leonb@linkbusiness.co.za
Unique opportunity to invest in a turnkey operation that will
produce and distribute a household product that proved a success
on the South African market many years ago.
A detailed business plan including marketing of the product
backed up by detailed forecasted financials are available for
serious investors, entrepreneurs, investment groups, venture
capital companies, etc.
International manufacturing concessions: R25m.

Location: Western Cape
Broker: Jannie vd Merwe / 082 653 0582 / jannievdm@linkbusiness.co.za
Investment Opportunity - ManufacturingManufacturing Saw Mill Excellent Opportunity ref: 13446ref: 13967
Location: Mpumalanga Asking Price: R25,750,000 plus VAT
Location: Gauteng Asking Price: R10,000,000 plus VAT
This business is a turnkey saw mill manufacturing facility that was
renowned for its quality range of products.
The saw mills activities include sourcing of logs, milling and kiln
dry of the timber and lamination into good quality shelving board
to add further value.
Plant equipment and vehicles are in an excellent condition.
The business opportunity will suit a well connected BEE business
entrepreneur.
This business opportunity is based on a newly designed and
developed product ready for manufacturing production that will
be used in the building industry.The product will be manufactured
from Polymer Bonded Mineral (PB-M) that has distinct advantages
compared to the existing conventional products used. There is
already a confirmed order for a minimum of 200,000 units per
month from the trade. It is designed and developed to replicate
the traditional product. The total investment will require R10m of
which R5.2m will go towards capital expenditure for machinery
and plant set-up costs in rented premises and the balance, towards
working capital requirements.
Lucrative & Sustainable Manuf. BusinessBreathtaking & Profitable Coastal Guesthouse ref: 13634ref: 12943
A beautifully appointed property comprising 12 tastefully
decorated suites. Amenities include a licensed pub and smoking
lounge, DSTv in all suites, conference and internet facilities, a large
braai area and lovely pool overlooking the sea.
The offering includes a quality, fully furnished and fitted
establishment with everything imaginable needed to render it a
guest’s delight.
This Cape Town based company has been established for over 20
years and focuses on the Corporate and Business Sectors where
they design, manufacture and install general, indoor and outdoor
signage for large corporate companies.
This is a well-established business that has a niche market and is
in a desirable position where it operates at healthy gross and net
profit margins.
Location: Amanzimtoti Asking Price: R11,000,000 negotiable
Broker: Ian Craig / 082 452 8186 / ianc@linkbusiness.co.za

Businesses for sale - Eastern Cape
Location: Grahamstown
Asking Price: R1,150,000
Location: East London
Asking Price: R1,800,000 (Excl. VAT and Stock
Established Profitable Bakery ref: 13407
Location: Mthatha
The bakery is positioned in a small
town outside of Mthatha and supplies
bread to supermarkets, spaza shops
and holiday resorts in the surrounding
villages and towns. The demand is endless
and the business offers several growth
opportunities. The business generates a
monthly net in excess of R100,000 p/month.
Car Valet Franchise ref: 13567
Location: Mthatha
Asking Price: R490,000 Excl. VAT
This well known car valet business is
expanding its operation and is offering
a lucrative franchise opportunity for
Mthatha. The Valet business focuses on
servicing the major new and second hand
car dealerships as well as the rental market.
The new franchisee can expect strong
support from the Franchisor.
B & B and RestaurantProfitable Building Restoration Company ref: 13644ref: 13643
Centrally located, this business is very
popular and convenient, particularly during
the peak seasons. It is a well-established
successful operation that has been in
business for over 13 years and has well
trained and competent staff that are able to
manage the B&B and restaurant.
This long established construction business
offers a buyer the ideal opportunity to enter
into the construction field by purchasing
this well-known and established business.
The business is registered with the MBA
and NHBRC.The business offers a very good
ROI of 59% or a payback of 20 months.
Wholesale Seedling NurseryUpmarket Furniture Store ref: 13642ref: 13638
Location: Komga
Asking Price: R650,000 Excl. VAT and Stock
The business specializes in vegetable
seedlings and supplies these seedlings into
the informal Transkei market as well as to
Government/Municipal growing schemes
and to the private sector. The business
is fully set up with over 6000m2
of shade
housing and potential to expand. The
property is included in the sale.
This home decor business is well
established/positioned, and supplies
furniture to middle and up market clientele.
It is known for supplying stylish good
quality furniture. The stock is valued at
R600,000. An annual profit (EBPIDT) of
R340,000 is generated. This offers a return
of 52% or a monthly payback of 23 months.
Profitable, Upmarket Ladies Shoe Boutique ref: 13589
Asking Price: R630,000 Excl. VAT and Stock of R630,000
This well-established shoe boutique has
been trading for the past 25 years. They
offer quality ladies footwear, handbags
and hosiery to a discerning clientele. The
boutique is well positioned at the entrance
to a busy shopping centre and has excellent
visibility. The business offers a return of
40%.
Profitable Point of Sale Business ref: 13417
This long established point of sale business
is an excellent opportunity. The business
has a solid footprint and client base
throughout the Eastern Cape. The income
generated by the business is diversified into
three different revenue streams. This offers
a strong profitable income. The business
structure also offers many growth opportunities.

Lucrative Franchise Supermarket ref: 13661
This profitable supermarket is an
opportunity not to be missed. The business
is ideally located in a well positioned
shopping centre, with a large client base on
its door step. The franchise is a well known
brand. The store has shown strong growth
over the last several years.
Established Guesthouse in Picturesque
Coastal Town
ref: 13707
Location: Port Elizabeth
Broker: Amanda Claassen / 074 9423 582 / amandac@linkbusiness.co.za
This business, a four star graded
guesthouse, was established more than
20 years ago. The garden is well manicured
and views can be enjoyed from the private
patios that most rooms have access to. The
annual turnover is in excess of R1.1 million.
Established Construction Maintenance Business ref: 13735
This construction maintenance business
is well setup and has established a name
for doing reliable, good quality work. The
business specializes in maintenance and
renovation aspects, particularly on the
plumbing, maintenance and painting
sides. The business generated a net profit
(EBPIDT) for the last financial year of over R700,000.
Continental Restaurant/BistroBicycle Retail Store ref: 13734ref: 13715
Location: Grahamstown
Location: Sunshine Coast
Asking Price: R200,000
This well-established, profitable business
is perfectly positioned in the Main Street.
Fully licensed, the restaurant has a great
vibe, is very popular and is well frequented
by business people and students.The menu
has a strong Mediterranean influence and
the décor is bright and modern with seating
for 120 diners.
Started 3 years ago, a profitable business
has developed that is well supported by
its loyal customer base. Owner run and
supported by a small compliment of staff,
they pride themselves on personal service.
They sell well known local and international
brands, service, repair and sell spares and
accessories.
Exclusive Upmarket Beauty/Wellness Salon ref: 13710
This exquisite Beauty / Wellness Salon
is situated in a vibrant coastal town of
the Eastern Cape. The business is well
established and well-known for providing
excellent service and care of its clients. The
business has a very loyal customer base
and shows a consistent turnover month on
month.
Panel Beater ref: 13689
Location: Fort Beaufort
This highly successful panel beating
and mechanical repairs business was
established over 10 years ago and is an
appointed service provider to all the main
insurance companies.With well-maintained
equipment and well trained staff, they
maintain a large diverse customer base and
they have little competition.
Two Well-Established Bottle Stores ref: 13827
Both businesses are profitable and very well
supported by the locals and local business
and there are bumper sales during the
holiday seasons. They are both institutions,
the first store was established 43 years
ago and the second 23 years ago. A great
opportunity for the right buyer.

Well-Positioned Profitable Liquor Store/Pub ref: 13900
This liquor store/pub is located in a popular,
high traffic area of the CBD in a coastal city.
This business is a giveaway as the owner
wants to relocate. It is also very easy to
run with a large client base. The owner will
need to be hands-on.
Established & Profitable Signage Business ref: 13901
Location: Port Elizabeth Asking Price: R1,420,000
This listing represents a well-established
signage business that boasts competent
staff, immaculate premises and a
reputation for delivering a quality product.
Consistent year on year sales growth since
inception is an indication that this business
is performing well.
The asset value is approximately R750,000 and includes two vehicles.
Annual Turnover is R3,284,000; Pre-tax net profit, R439,805.
Beauty Salon ref: 13829
Situated in a very popular holiday
destination, the salon is well supported
by high income earners and retirees
during the year and high income holiday
makers and sports enthusiasts during
the holiday season. Manicures, Pedicures,
Waxing, Tinting, Swedish Massages, Sports
Massages and Deep Tissue Massages are on offer.
Established and Lucrative Office Supplies Business ref: 13890
This office supplies business is a business
worth considering with professional staff,
quality premises and an annual turnover
of approximately 16 million rand. The
enterprise is well established and boasts
good contracts with longstanding clients.
Pre-tax net profit of approximately
R1,500,000.
This profitable franchised supermarket
(Spar) and liquor store (Tops) has all
the qualities of a brilliant business. It is
strategically located on a main road in
the Eastern Cape. The business is very
well established and it makes consistent
profits. Pre-tax net profit of approximately
R1,110,370.
Established Spar and Tops ref: 13856
Successful Aluminum Manufacturing Business ref: 13855
The business is well established and
respected for quality service and
products. During its 10 years in operation
it has developed a strong brand name.
The business offers a wide variety of
aluminimium products (Windows, doors,
shop fronts, curtain walling etc) and focuses
on both the domestic and commercial market.
Restaurant and Sports Bar ref: 13846
Situated in a popular holiday destination,
this well-known, established profitable
business has great views. Well supported
by both locals and tourists and it thrives
during holiday seasons. Sports action on
the big screens, themed evenings and live
music or dine in style in the restaurant or
on the deck.
Magnificent and Lucrative Pub & Grill ref: 13841
This licensed, very popular pub and grill is
superbly located in the friendly city of Port
Elizabeth. This business is the place to be in
town with décor and ambiance that makes
you feel at home. The business is able to
comfortably cater for more than 240 diners.
A choice between inside and outside
seating are possible. Annual turnover of more than R6 million.

Profitable Steers in a Prime Area ref: 13902
Location: East London Asking Price: R2,200,000 Excl. VAT and Stock
This popular and lucrative franchised
restaurant/take away is located in a prime
area of the city and the Steers brand is very
popular and well known.The business is run
by a manager assisted by well trained and
efficient staff. This is a great opportunity
to own a well established, profitable top
franchise outlet.
Lucrative Filling Station ref: 13945
This franchised filling station and
convenience store represents a well-
establishedbusinessthatboastscompetent
staff, multiple income streams and an
annual turnover of R45,000,000. The real
estate is not owned by the seller. Annual
net profit of R1,900,000.
Upmarket and Profitable Furniture & Decor Store ref: 13928
Location: Port Elizabeth-region
home decor business that boasts a superb
location, with immaculate, yet affordable
premises. The owner imports 75% of the
stock.
Annual turnover has steadily increased
from 3.2 million for 2013 to 3.8 million for
2014. This translates to a net profit of R596,000 (EBITDA).
Property Opportunity with Re-occurring Income ref: 13925
Asking Price: R9,500,000 Excl. VAT
Unique opportunity to purchase a
residential property ‘instalment book’. The
opportunity offers an investor minimal risks
and high returns. The ‘instalment book’
consists of 49 fully serviced residential
stands that have all been sold on an
instalment sale agreement over a fixed
period.
Specialist Paint Centre ref: 13924
Operated from well-located leased
premises, this well-established profitable
“Top Brand“ specialist paint centre has
a strong customer base and sells paint
to the general public and contractors.
Automotive paint is also sold to the panel
beating industry. Incentives are received on
achieved sales targets.
Established and Busy Wholesale Branding Firm ref: 13919
Location: Port Elizabeth-region
This well-equipped branding operation is
located in Port Elizabeth. The operation
focuses on the production of corporate
branding and promotional products. The
business is currently going through a phase
of growth. (Turnover has increased by
1,901,000 during the last financial year.)
Exclusive Opportunity to Purchase Existing Agency ref: 13964
The agency is for a specialized water
repellent product. The product is known as
a leader in this field and has been around
for over 20 years. The current owner has
had the agency rights for the last 5 years.
The agency covers a Eastern part of the
Eastern Cape.
Exciting Fried and Grilled Chicken Business ref: 13966
Location: Mthatha
This new attractive fried and grilled chicken
brand is a giveaway and it is the only
business of its kind in this town located
just a few kilometers from Mthatha in the
Eastern Cape. The business serves the best
fried and grilled chicken in town at the
most affordable prices.

Opportunity - Established Stationery Business ref: 14050
This well established stationery and
computer supply business has a strong
client base and a great reputation. The
business is perfectly situated in a central
business node of East London and offers
easy and convenient access to all its
clientele. This is a business with great
potential.
Franchised Aluminium Door & Window
Manufacturer
ref: 13979
Established over 13 years ago, it
manufactures aluminium doors and
windows to specification and supplies
throughout the Eastern Cape. A 75% share
is for sale, and the owner’s son will retain
25%. He is considered integral to the
business in terms of his contacts, expertise
and proven track record.
Independent Retail Supermarket ref: 14028
Great opportunity to own an independent
retail supermarket! The supermarket is
well established and has been successfully
trading for the last 9 years.The supermarket
is well positioned on a main route into a
large residential area with little surrounding
competition and offers strong returns.
Established and Lucrative Fitness Business PE
This established health club business is
easy to manage, employs a limited number
of well trained staff, and boast a relaxing
work environment. A purchaser will buy
an existing customer base. Great software
programs are in place to ensure systems
run effortless. This opportunity offers a
return on investment of 44%.
ref: 14049
Wimpy in Port Elizabeth ref: 14024
Broker: John Bianchina / 076 141 4545 / johnb@linkbusiness.co.za
This listing represents a lucrative Wimpy
that is superbly located in a busy Port
Elizabeth shopping centre. The restaurant
has been established for several years and
it is known for good food and excellent
service. The business is mostly owner run
assisted by an experienced manager who is
capable of running the business in the owner’s absence.
Retail Specialising in Hospitality Industry ref: 14023
Broker: John Bianchina / 076 141 4545 / johnb@linkbusiness.co.za
This is a specialized business that supplies a
niche market with good products, the best
advice and good after sales service. It has
strong business relationships with various
establishments and also serves the general
public.
Established General Engineering Business ref: 13996
This long established general engineering
business has been providing its services in
the East London area for over 20 years. The
business specializes in general/structural
engineering, welding and manufacturing
of steel products. The business is profitable
and offers an ideal opportunity to a buyer
with an engineering background.
Established & Sophisticated Shoe Store ref: 13995
footwear and accessories retail store that
boasts a superb location, upmarket, yet
affordable premises and friendly staff that
are able to operate independently in the
absence of the seller. This opportunity
offers a return on Investment of 44% with
annual turnover of R2,060,000.

Established Hydraulic Engineering Business ref: 14051
Location: East London Asking Price: R2,350,000 Excl. VAT and Stock
The business specializes in all aspects of
hydraulic and pneumatic equipment. This
includes sales and service as well as design
and construction. The business operates
from a well set up and located premises.
This makes them very accessible to their
clientele. The asking price includes assets
valued at R1,500,000.
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Highly Profitable Trucking Business ref: 13998
Location: Eastern Cape Asking Price: R40,000,000 Excl. VAT & Stock
Over20yearsofexcellenceintransportation
has made this company both reputable
and very profitable. The company is based
in the Eastern Cape with a footprint in
Gauteng and comprises over 20 truck
tractors and over 30 trailers. The business
services both long haul and medium haul
market segments.

Businesses for sale - Garden Route
Very Profitable Franchise Supermarket ref: 12471
This very successful and profitable family
business was established more than 32
years ago and joined a well-known national
franchise chain in 2008. The business is
located on the main road of this village
town with good visibility and ample
parking. With day time trading hours, this
business allows the owner lots of free and family time!
Franchise Retail Store ref: 13083
Location: Garden Route Asking Price: R605, 000
Broker: Ben Schlachter / 072 122 4853 / bens@linkbusiness.co.za
This franchise offers investors the
opportunity to become part of a proven
and profitable business. Its unique structure
operates through a combination of three
distinct profit centers namely:
• They buy and sell a vast range of quality
secondhand goods.
• They retail a range of well-priced, imported, branded new goods.
• They offer secured loans and credit options.
Clothing & Footwear Retail GroupUnique Pizzeria ref: 13704ref: 13654
Broker: Chris Woodcock / 083 376 1149 / chrisw@linkbusiness.co.za
Asking Price: R385, 000
This 15 year old group of retail outlets has
a well-earned presence in the main towns
of the Garden Route, with a bustling trade
in an affordable range comprising clothing,
footwear and accessories. This is a tough
yet rewarding environment, and the buyer
would need to be well blooded retail sector
champion. The selling price is exclusive of stock ±R9m.
Popular pizzeria in a Garden Route town
is located in a prime position and has a
successful trading history of more than
10 years. The business is owner run, easy
to manage and has a beautiful ambience,
seating in and out doors for 60 patrons.
Chicken and Chips Fast-Food OutletConcrete Block Manufacturer ref: 13633ref: 13508
Location: Garden Route Asking Price: R550,000 Excl. VAT and Stock
Location: Garden Route Asking Price: R6, 900,000
Situated in a busy street with high foot
traffic, this business specializes in crumbed
chicken and chips. Seating for over 50
people, the décor is crisp and clean making
this destination an attractive fast-food
eating venue. The equipment is modern
and in perfect working order and the new
owner will take over an excellent asset base.
A well-priced business.
This family operated business, for the past
25 years produces top quality concrete
blocks for private and commercial clients. It
is located in a sought after town with good
schools and world class golf courses. The
business comes complete with the land,
1283m² and double story administrative
building, 200m².
Franchise Convenience Store ref: 13345
Location: Garden Route Asking Price: R1,800,000 Excl. VAT and Stock
This fast growing franchise business was
first established ± 3 years ago. It is located
in a prime position, on a main road with
high traffic and good exposure.
Trading 24/7, this brand has a successful
trading history nationally and the shop
is fitted with brand new equipment. The
outlet has shown steady growth since its establishment and it has a
captured market.
Outdoor & Adventure Clothing Retail Store ref: 13062
Established adventure and outdoor
clothing retail business, offers brand
leader clothing and equipment apparel for
selective outdoor activities. It is situated in
a popular local and tourist location with
all year clientele from local, national and
international destinations.
This clientele provides constant trading throughout the year.

Furniture Emporium Décor with Manufacturing ref: 13728
Asking Price: R2, 860,000
This established, family furniture emporium
provides decorators and clients alike
professional advice and service, custom
built luxury furnishings and accessories all
under one roof.
The onsite factory services both the home
and leisure industries with décor custom
made furniture, curtains, blinds, shutters, upholstery and fabrics.
Restaurant in Popular Tourist Destination ref: 13793
Location: Garden Route Asking Price: R605,000
Broker: Melanie Stander / 083 380 1015 / melanies@linkbusiness.co.za
Situated in a prime position as the only
restaurant in a popular animal sanctuary.
There is a captive market ensuring feet
throughout the year. The sanctuary does
the marketing and advertising on an
international level.
This is a profitable venture with no late
nights needed.
Successful Distribution & Manufacturing BusinessClean, Busy Auto Workshop ref: 13868ref: 13862
Location: Garden Route Asking Price: R660,000 Excl. VAT
This fast growing operation was established
±3.5 years ago. A semi manufacturing
operation of a well-known fruit topping
range which has little competition in the
market and distributed through agents
to national retail chain stores. Sales &
distribution division with secure agencies
for various food products to hospitality trade in the Garden Route area,
including rusks, energy drinks, ice tea, fruit juices, etc.
With over 400m² of space, there are 3
work stations with lifts, and any number of
random work stations for the longer term
repair jobs.
An Auto Diagnostic system is in place, plus
an ordering system for spares.
A straight forward, all-in deal, ideally suited
to a technical person who wants to make a lifestyle change. Extensive
stock of spares included.
Jewellery ShopEstablished Profitable Fencing/Palisade Business ref: 13860ref: 13853
Broker: Stephan Nel / 082 872 1658 / stephann@linkbusiness.co.za
Broker: Stephan Nel / 082 872 1658 / stephann@linkbusiness.co.za
Nice, profitable jewellery shop available.
Its sustainability has been proven through
the years and the financial figures support
it. Business has a steady footprint due to its
location and history/name.
Owner willing to share his knowledge,
experience and support after sale. Great
opportunity.
This business has build up a reputable
name for itself and has a small but well
experienced workforce. Constant flow of
work with a well-equipped workshop.
Delivering a quality product in a market
of constant demand for residential and
commercial properties and complexes.
Different income streams related to steel products.
Successful Family Franchise Restaurant ref: 13821
This is the ideal opportunity for someone
with a passion for the hospitality industry.
If you are a hands-on entrepreneur, then
this is a great business opportunity worth
considering! The business is well established
in a prime location with all systems and
controls in place. The business has great
potential and is not close to its full potential yet and offers a generous
income to an owner operator. Asking price excludes franchise joining fee.
Glass and Windscreen Business ref: 13754
Situated on a busy main road in the CBD of
a Klein Karoo town.
Product range includes windscreens
and cut-to-size float glass, domestic and
commercial glass.
Growth opportunities in the glass industry
abound for the entrepreneurial buyer who
can add a little more working capital.

Pizzeria in Seaside Town on the Garden Route ref: 13881
This pizzeria and take away situated in a
beautiful seaside town is a favourite among
locals and tourists and has a good variety
of options on the menu including their
wood-fired pizzas. Very busy take away
with great potential to expand and grow.
Great customer reviews. Excellent return
on investment.
World Class Butchery ref: 13887
Location: Garden Route Asking Price: R3,500,000 Excl. VAT
It is not often that a world class business is
for sale.
Neat, supremely clean, with well displayed
products and a magnificent team all
combine to make the finest meat products
for the loyal Garden Route customer base.
The new owner would need to be hands-
on, and would ideally have some experience in the food retail/meat
business. This business is not for the fainthearted.
Gift Shop in Busy Center in the Garden Route ref: 13913
This gift and craft shop is located in a busy
center with N2 frontage and sells items that
are unique and mostly handmade with an
African or ethnic feel. The center is well
maintained with activities for the whole
family, a tourist attraction, children’s play
area and restaurant.
Guest House: Steady Income, Good Investment ref: 13962
Location: Garden Route Asking Price: R2,745,000 Excl. VAT
A 7 bedroomed elegant property with a
guest house business which is run almost
entirely by 2 long serving members of staff !
From the elevated position in a busy Garden
Route town, the sea views are terrific. There
are some self-catering rooms with perfectly
adequate facilities.
Holiday periods are fully pre-booked, and the record will show that the
outright majority are returning guests.
Retail Opportunity -Water Filtration & Plumbing ref: 13960
This exceptional business supplies product
and expertise to the water filtration
industry, and to the public. It does not
sell filtered water. Its clients sell or utilize
filtered water! In the market for over 20
years, the client base is well established,
both wholesale and retail markets.
The seller is prepared to sell the property, but this will form an entirely
separate transaction.
Trendy Cut Make & Trim + Retail Opportunity! ref: 13954
The Cut Make & Trim (CMT) element of
the opportunity has extensive machining
capacity. For the entrepreneurial buyer, there
is extensive scope for growth in styles and
volume of production. The retail outlet is
within a market style building well positioned
inaGardenRoutetown.Therangeofproducts
includes antiques, wall hangings and various items that sit on shelves and
would generate heated discussion around the dining room table!
Farm Shop Restaurant and Buildings for Sale ref: 13888
Location: Garden Route Asking Price: R5,700,000 excl. vat
Broker: Chris Woodcock / 083 376 1149 / ch risw@linkbusiness.co.za
Well positioned along a national route, this
GardenRoutefarmshopandrestaurantboasts
freshly baked breads, cakes and delicious
meals.Inthebeautifulcountry-gardenseating
areas to the interior dining areas, there is a
table for everyone’s preference. In winter, the
roaring log fire entices the patrons to linger
longer.Thepropertyisextensivewith2well-appointedhouses,asmallflat,
plus the restaurant/shop buildings. Rental income potential.
Restaurant & Pub in Boland Town ref: 13903
Broker: Jannie van der Merwe / 082 653 0582 / jannievdm@linkbusiness.co.za
This is the only pub in this beautiful town
with various opportunities for a hands
on owner. It offers a full menu and hosts
various big screen events. It is located on
the main street.The liquor licence allows for
playing live music and trading into the early
morning hours.

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