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Fruit And Veg Shop For Sale in Siyabuswa

Siyabuswa, Mpumalanga, South Africa
Asking Price:
R1,750,000
Sales Revenue:
R24,000,000
Cash Flow:
R3,816,000

BUSINESS FOR SALE – ESTABLISHED FRUIT & VEG RETAIL STORE

Location: Siyabuswa, Mpumalanga
Asking Price: R1,750,000 Negotiable

Average Monthly Turnover: ±R1.97 million
Average Monthly Net Profit: ±R318,000 before owner remuneration
Current Stock: ±R416,581 at cost – INCLUDED IN SALE

A fully operational and established fresh produce and grocery retail business is being sold as a complete going concern.

The sale includes current stock, shelving, refrigeration and equipment, POS system, shop fittings and the operating assets included in the business.

The store is currently fully operational and trading, allowing a new owner to take over an established operation.

Reason for sale: Business restructuring.

Financial information and supporting documentation will be made available to serious prospective buyers.

R1,750,000 Negotiable

Stock value is approximate and subject to stocktake at the time of sale.

Property Information

Real Estate:

Lease

Lease Terms:

3 year lease with option of 5

Leasehold Rent:

R384,000 per annum

Location:

Mall@moutsiya high foot traffic, store visible from the main moloto road

Premises Details:

It’s a mall

Size in square feet:
2,152

Business Operation

Expansion Potential:

2 empty store next door that we have been offered to rent to open a butchery and takeaways

Competition / Market:

Hyperland is the biggest competitor

Reasons for selling:

Partners restructured

Trading hours:

Mon to sat 7 to 7
Sunday 8 to 5

Employees:
6
Years established:
0.4

Other Information

Support & training:

1 month training

Furniture / Fixtures value:
R300,000
Inventory / Stock value:
R42,000