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Established Bottle Store on the Durban Berea

 

PROFILE    
Description:    This bottle store was started 20 years ago and has been with the current owner for the past 13 years. It caters to the Berea area customer. The big drawcard is the long trading hours in that it opens 7 days a week 8am to 8pm. Current stock holding is R180 000 which is all controlled using a POS System. Current expense and asset lists are available.
Industry / Sector:   
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban
Location / Area:    Berea
Portability:    Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
PRICE    
Asking Price:    R 1 500 000
Conditions:    Excludes stock valued at ±R180 000
Cash deal
Terms available subject to conditions
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 560 000 per month
Profit:    R 78 000 per month
Annual Return:    62 % per annum
No. of Staff:    2
Year Established:    2004
Legal Persona:    - unknown or withheld -
Other Information:   

 

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Record ID: 2761
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