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Very profitable, long established Biltong Kiosk, in busy Shopping center, in Prime Location for Sale – Location location location!!!
This is an incredible opportunity to buy an extremely sort after Biltong kiosk in a top location, situated opposite the entrance of Pick’nPay in a busy Shopping Centre, which are few and far between, and hardly ever come onto the market. If ever the phrase “location, location location” applies to a business, this is it. The business has stood the test of time and been in existence for 20 years. The space of the business is 30 square meters.
The average Net Profit for 2019 year ended December was R80,000 per month, taking into account a Manager’s salary of R15,000 per month, and average turnover was R400,000 per month. Covid-19 has not had much effect on Turnovers, which are at a similar level to last year and should be on the increase as things normalize more at level 1.
This investment is for the risk averse investor, as there is hardly any downside potential, because of period in business, location, profitability, and regular customers who love the product!!!
Price: R2.8 million, Plus Stock, at a cost of R160,000. Priced to sell!!!!
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