This non – franchised family owned supermarket also has busy take away and bakery sections under the same roof and within the same unit.
Business has been trading for over 52 years!
Zero formal competitors trading within the immediate area!
Operates 7-days per week
Total staff: 11.
Store and all departments are run by 2 managers and a team of 9 other staff.
About 65-70% of total business is generated by the take away / bakery departments meaning higher profit margins
Servicing industrial, residential and commercial trade in the immediate area
Located on a busy public transport route.
Equipment Estimated Value: R700 000
Current Turnover: +/- R560 000 per month on average plus additional strong airtime and lotto sales & profit
Stock Value: +/- R350 000 (Not Included in sale price. To be valued and paid for at cost + VAT over and above the asking price at take over time)
Net Profits + Owner takings monthly average: +/- R78 000
Asking Price: R1 600 000 (inclusive of all assets)
Current owner spends no more than 30% of the working week on site
Selling after 16 years under same owner because of other business commitments.
