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Franchised Convenience Supermarket And Liquor Store Cape Town For Sale

Cape Town North - Durbanville, Western Cape, South Africa
Asking Price:
R2,995,000 Furniture / Fixtures included
Sales Revenue:
R22,900,000
Cash Flow:
Undisclosed

An exciting opportunity to acquire a long standing and reputable convenience supermarket, trading successfully since 2014. The business is part of a leading national retail group, ensuring strong brand recognition, centralised buying power, and ongoing marketing support.

In addition to the supermarket, the sale includes a fully licensed liquor outlet, providing an additional and constant revenue stream. Together, these outlets serve a loyal customer base in a busy residential area with excellent accessibility. Price excludes Stock and Vat

Property Information

Real Estate:

Lease

Lease Terms:

Currently 2 years remaining, with option to renew

Leasehold Rent:

R1,260,000 per annum

Location:

The business is situated in the highly sought after northern suburbs, one of Cape Town's most established and affluent areas. It is known for its strong sense of community, excellent schools, expanding residential estates, and vibrant commercial activity

Premises Details:

The premises is 667 sq meters, and is aesthetically laid out

Size in square feet:
667 sq meters

Business Operation

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

This is a great opportunity for a new owner to breathe life into the business

Competition / Market:

There is competition in the area, however the business is well supported

Reasons for selling:

Owner wants to focus on new opportunities

Trading hours:

Mon to Sat: 7am - 9pm
Sun: 8am - 8pm

Employees:
18 experienced staff in place
Years established:
Established in 2014

Other Information

Support & training:

Franchise will support the new owner, and in addition, the current owner is prepared to assist for an agreed period.

Financing available:

N/A

Furniture / Fixtures value:
R2,600,000 - included in the asking price
Inventory / Stock value:
R2,000,000