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Profitable Franchised Supermarket Business For Sale

East Rand, Gauteng
Asking Price:
R9,900,000 Furniture / Fixtures included
Sales Revenue:
R43,572,000
Cash Flow:
R3,114,000

One of the leading supermarket franchises in the country, the owner has had this business for 33 years and has grown it substantially, focusing on attracting the right customer base and offering good customer service to increase the profitability. She has made substantial visual improvements and the pleasing environment appeals to her clientele.

It is so well established and popular with a growing sales trend

Situated on a main road with a regular customer base

The stock is well displayed and carries a full range of merchandise they also have a wine licence.

The owners still attend to the day to day activities and have an efficient and well trained management team with a full staff complement of thirty three.

Absolute support from the Franchisor which adds so much value to this proposition, they really mean it when they say they are totally committed to their customers

Well priced at R9 900,000 plus stock at R4, 500,000.

The return on investment is 31 percent on the purchase price excluding the stock

Property information

Real Estate:

Lease

Location:

Situated on a main road with a regular customer base in the Far East Rand. Situated in an area which caters to the middle income group

Business Operation

Expansion Potential:

Discuss with the Franchisor about new services and promotions • A new owner will bring in new energy to attract more sales • The economy in this area is stable

Reasons for selling:

Owners Retiring

Trading hours:

Mon-Friday 07h00 – 19h00 – Sat.-Sunday 07h00 - 14h00

Employees:
33
Years established:
1970

Other Information

Support & training:

Training will be conducted by the franchisor

Furniture / Fixtures value:
R7,000,000 - included in the asking price
Inventory / Stock value:
R4,500,000

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