This beautiful Mini Market just came into the market.
Located in scenic Cape Winelands Districts
Kindly complete the NDA attached if you wish to obtain more information
- Asking Price:
- R3,916,000 Furniture / Fixtures included
- Sales Revenue:
- R18,000,000
- Cash Flow:
- R1.5M - R3M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 + 5 years
- Location:
-
In scenic to Cape Winelands District
- Premises Details:
-
Shop is about 400m2
- Size in square feet:
- 6,458
- Planning Consent:
-
No Liquor Store. Full consent in place
Business Operation
- Expansion Potential:
-
One could still modernize the shop. No space to expand
- Competition / Market:
-
Yes but OK MiniMark is a good brand
- Reasons for selling:
-
Will be divulged to a serious buyer
- Trading hours:
-
24 hrs / day
- Employees:
- Standard compliment
- Years established:
- 20
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Standard OK Franchise terms
Other Information
- Support & training:
-
Full support will be provided
- Financing available:
-
Need to bring 50% of the purchase price in unencumbered funds to the table. The banks will most probably fund 50% of the transaction
- Furniture / Fixtures value:
- R2,000,000 - included in the asking price
- Inventory / Stock value:
- R1,500,000
