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Established SPAR Franchise Opportunity In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R25,200,000
Cash Flow:
R4,284,000

A rare opportunity to acquire a well-positioned, turnkey SPAR operation in Durban. The business will be sold as a going concern.

This owner-operated business has been successfully trading for 22 months and presents an excellent opportunity for an entrepreneur or investor looking to step into an established operation with the groundwork already completed.

The business offers:

  • Excellent selling price and attractive entry opportunity
  • Fully operational turnkey setup – ready for a new owner to take over and trade immediately
  • Renovations already completed – no major capital expenditure required
  • No outstanding compliance issues – all required audits are up to date
  • Limited direct competition in the surrounding area, creating a strong local trading position
  • Existing retail franchise backing – buyer approval and retail support required
  • One-month structured handover period provided by the current owner to ensure a smooth transition

This is an ideal opportunity for a hands-on owner-operator wanting to acquire an established retail business with the benefit of an existing setup, systems, and support structure.

Serious buyers will appreciate the opportunity to step into a clean, compliant, and operational business without the challenges and delays normally associated with starting from scratch.

Confidential information and financials available to qualified buyers upon signing of a non-disclosure agreement.

Property Information

Real Estate:

Lease

Lease Terms:

Existing lease expires 2029
Renewal option for a further 5 years
7% escalation.

Leasehold Rent:

R1,200,000 per annum

Location:

Situated in the South Durban region, within a mature residential community.

Premises Details:

Established retail premises situated in a well-positioned South Durban residential catchment area. The property offers a fully operational supermarket layout designed for efficient retail trading, with excellent customer flow and visibility within the local community.

The store benefits from an established trading footprint, existing infrastructure, and a turnkey setup allowing a new owner to continue operations with minimal disruption.

Size in square feet:
800 sqm

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business presents an exciting opportunity for a new owner to build on an established retail foundation and further unlock growth within the local market. Being situated in a mature residential catchment area, the store has the benefit of an existing customer base with opportunities to increase turnover through focused retail strategies.

Competition / Market:

The business operates within an established retail environment in Durban South, supported by a strong residential customer base and consistent local shopping demand. The presence of other grocery retailers in the surrounding area highlights the strength of the catchment and confirms the ongoing need for convenient, accessible food and household shopping options.

Trading hours:

06h00 to 19h00 weekdays
07h00 to 18h00 weekends

Employees:
20 permanent and 6 casual
Years established:
2

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Handover period with the seller will be 1 month

Furniture / Fixtures value:
R3,000,000 - included in the asking price
Inventory / Stock value:
R500,000 - included in the asking price