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Introduction: ...

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    Price:  R 1,400,000

  • LEADING OFFICE FURN...

    Price:  R 12,000,000

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  • Advance Search
 
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ID: 157 Arrow MOSSEL BAY - LOW-END TOWNSHIP SUPERMARKET FOR SALE
Financial Information
Price:  R 225,000  
Total Annual Sales:  R 700,000
Profit Before Tax:  R 200,000
Stock:  R 37,000
Assets:  R 70,000
ROI - Return on Investment:  89 %
Payback:  14 months
Category: Supermarkets and Liquor Stores
Province: The Western Cape
Total viewings : 327
Description
THIS MINI-SUPERMARKET IS SET-UP IN THE HEART OF A TOWNSHIP GIVING IT A CAPTIVE MARKET. THE BUSINESS IS RUN BY A HUSBAND-WIFE 'HANDS-ON' TEAM WHO OPERATE THE BUSINESS 7 x DAYS A WEEK, FROM 6-30 am to 7 pm. THE SHOP SELLS GROCERIES, SWEETS, FRUIT & VEG. FMCG CONSUMABLES AND OPERATES 4 x GAMING MACHINES, SELLS AIR TIME etc. THE SHOP IS WELL ENTRENCHED IN THE LOCAL COMMUNITY WHO PATRONIZE AND SUPPORT IT WELL - i. e. ESTABLISHED RELATIONSHIPS EXIST. THE OWNER'S HAVE TO MOVE TO WELLINGTON AS THEIR SON HAS A HEARING IMPEDIMENT AND NEEDS TO ATTEND THE DEAF SCHOOL THERE. ALTHOUGH OVERHEADS ARE PRESENTLY VERY LOW, MOVING TO LARGER PREMISES WOULD PRESENT A GOOD EXPANSION OPPORTUNITY TO SUBSTANTIALLY INCREASE TURNOVER FURTHER. THE CURRENT OWNER WILL WORK ALONGSIDE THE NEW OWNER 'TO SHOW HIM THE ROPES' AND WILL GUARANTEE THE SALES. THE CURRENT SHOP HAS BEEN IN OPERATION FOR 2 YEARS. PREVIOUSLY THE OWNER HAD A NUMBER OF SHOPS BUT CONTROL BECAME AN ISSUE.
Business History
Business Operations
Business Location
Area
 
Country
South Africa
 
 
Business Premises
Other Important Details
Business Broker Contact Details
Name
Kenneth Anthony Maade
Phone: 044 382 3496
Mobile:  082 377 1825
Fax: 086 519 1854
http://www.africabrokers.com
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