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Introduction: ...

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  • Advance Search
 
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ID: 31 Arrow OFFER BEEN ACCEPETED -SOLD THROUGH ANOTHER BROKER
Financial Information
Price:  R 299,000  
Total Annual Sales:  R 740,000
Profit Before Tax:  R 151,000
Stock:  R 200
ROI - Return on Investment:  50 %
Payback:  24 months
Category: Franchise Resales
Province: The Western Cape
Total viewings : 452
Description
The business is situated in a national supermarket chain catering to both the middle and the middle upper market. The business is currently management run , and giving an owners income on close to R13,000 per month. To set up a new store, it will cost one from R310,000 for the smallest store to R500,000 for the largest store . This store has been operating for 10 years and well known in the area, with a good customer base, which makes it an excellent buy
Business History
Form of Ownership
cc

Year Established
1997

Year of Acquisition
2001

Business Operations
Trading Hours
7 Days Week: 9h00 till 21h00 Weekend: 9h00 till 22

Full Time Employees
2

Reason for Sale
Owner not personally involved and has other business interests
Growth Opportunities
The business has been operating for 10 years with the current owner operating it for 4 years. It is well established with an excellent location ,with a and loyal and growing clientele base. Equipment new and well maintainedCould improve with owner participation
Business Location
Area
Cape Northern Suburbs
 
Country
South Africa
 
 
Business Premises
Other Important Details
Financials up to date
:Yes

Internet Connection
:Yes

Telephone Lines
:Yes

All assets on file
:Yes

Training /Support
:Yes

Business Broker Contact Details
Name
Richard Owen Thomas
Phone: (+27)82-5613471
Mobile:  (+27)82-5613471
Fax: 0866554695
http://update
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