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PROFILE |
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Description: |
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The owner is well known in the supermarket industry and since takeover has turned this around into a very viable business with huge opportunity to expand due to its location. The trained staff deliver excellent client service ensuring recurring buyers. The assets of +/-R2,9 million are in excellent condition and the owner has recently purchased new equipment. The franchise group is one of the most supportive in SA and well known through years of successful operations. The store has a wine license. |
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Industry / Sector: |
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Food - Retail |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Northern Suburbs |
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Location / Area: |
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Northern Suburbs |
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Metro Proximity: |
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Cape Town. It should be possible to commute from this metro city to the business location. |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 4 900 000
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| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 1 620 000 per month
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| Profit: |
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R 107 048 per month
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| Annual Return: |
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26
% per annum
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| No. of Staff: |
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8 |
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Year Established: |
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2008 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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