Search Results from Biz.for.Sale - Full detail for a Single Listing
Franchised Supermarket in Germiston
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PROFILE |
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Description: |
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A modern experiential retail store that includes a gourmet butchery, bakery, seafood, grocery and health and wellness section. Supplier partners include leaders in their industry and suppliers of dried fruit, fresh and roasted nuts, and much more as well as the largest importer and exporter of fresh produce in South Africa.
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Industry / Sector: |
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Food - Retail |
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LOCATION |
| State / Province: |
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Gauteng RSA |
| City / Town: |
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Germiston |
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Location / Area: |
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Germiston |
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Metro Proximity: |
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Germiston. It should be possible to commute from this metro city to the business location. |
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Portability: |
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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
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PRICE |
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Asking Price: |
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R 16 500 000
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| Conditions: |
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excluding VAT |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 6 250 000 per month
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| Profit: |
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- not disclosed -
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| No. of Staff: |
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84 |
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Year Established: |
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2021 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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A modern experiential retail store that includes a gourmet butchery, bakery, seafood, grocery and health and wellness section.
Supplier partners include leaders in their industry and suppliers of dried fruit, fresh and roasted nuts, and much more as well as the largest importer and exporter of fresh produce in South Africa.
Today, you will find these franchised retail stores throughout South Africa, Namibia and Southern Africa.
The onboarding of this franchise in the purchase of this supermarket is not compulsory.
SHOPPING CENTRE LOCATION
Situated in Germiston, South Africa, this shopping centre housing the upmarket supermarket is a popular destination for both locals and visitors. It features a variety of retail stores, offering fashion, electronics, and everyday essentials. The space also includes dining options, ranging from fast food to casual sit-down restaurants catering to diverse tastes.
Visitors can enjoy conveniences such as ample parking, entertainment facilities, and services like banking and beauty treatments. The overall environment is vibrant and family-friendly, making it an ideal spot for shopping and leisure activities.
Regular events and promotions further enhance the shopping experience, attracting a steady flow of patrons throughout the week.
TRADING HOURS
Monday to Saturday; 07h30 to 19h00
Sunday; 07h30 to 17h00
PREMISES
- Located in Germiston on a 384 m² property.
- This property is a two levelled premises with admin offices and kitchens situated on the first floor. The retail area together with a brightly lit, child friendly coffee shop, is situated on the ground floor. The premises has a 3 phase electrical power supply available.
- It is a spacious and well-stocked grocery store known for its wide variety of fresh produce, quality meats, and a great selection of international and local products. The grocery section leads to an open coffee bar offering a fun child friendly environment. The store has a vibrant, bustling atmosphere, with an emphasis on fresh, affordable ingredients for foodies of all kinds. There is typically a good range of deli items, baked goods, and gourmet foods, alongside everyday essentials. It’s the kind of place where you can stock up for both everyday meals and special occasions, with a focus on customer service and a pleasant shopping experience.
- Public transport facilities easily accessible and nearby.
- Total store size: 2 700 m²
- Trading shop floor size: 2 000 m²
FINANCIALS FOR 2024
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Annual Revenue |
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± R75,000,000 |
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(excluding coffee bar) |
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Annual Gross Profit |
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± R22,000,000 |
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Average Monthly Stock |
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± R3,000,000 |
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(stock take to be completed before takeover for an accurate figure) |
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Asset Value |
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± R16,100,000 |
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NOTE: The asset value is based on a recently completed asset report by a certified valuator, stating the depreciated asset value.
The Owner is currently in negotiation with the landlord regarding more favourable terms and the new owner is encouraged to continue these negotiations.
STAFF
A well experienced and loyal staff.
Number of employees: 84
REASON FOR SELLING
The owner has other business interests he needs to focus on
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Record ID: 2922
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