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Liquor Store

 

PROFILE    
Description:    Long established 2000m2 liquor outlet situated in the centre of town. Across from the ANC regional office and two petrol stations. Big passing trade and very busy in the evening due to taxi trade. Advertising fees payable. Forklift and two delivery vehicles included in the selling price. Stock levels held at R1,8 mil to R2,5 mil. Stock deliveries received daily and weekly.
Industry / Sector:    Retail - Liquor
LOCATION    
State / Province:    North West RSA
City / Town:    Mafikeng
Location / Area:   
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
PRICE    
Asking Price:    R 10 000 000
Conditions:    including stock and vehicles
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 4 000 000 per month
Profit:    R 200 000 per month
Annual Return:    24 % per annum
No. of Staff:    14
Year Established:    2005
Legal Persona:    - unknown or withheld -
Other Information:     
  PREMISES  
Lease Details: 2 years 10 months with option to renew.

  STOCK VALUATION  
Stock value levels held between R1,8m and R2,5m. SA Breweries delivers daily. All other suppliers deliver weekly.

  MARKET and CUSTOMERS  
Situated in the centre of town surrounded by two fuel stations and the ANC regional office.

  LIFESTYLE ISSUES  
8am to 8pm Mon to Sat (Sunday closed)

  REASON FOR SALE  
Other business interests

  NON-DISCLOSURE AGREEMENT  
A non-disclosure agreement will have to be signed before any details are released.

  AUDITED FINANCIALS  
Available on request from seller.


 

 

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Record ID: 2573
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