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On Tender Insitu Supermarket Assets In Bronkhorstspruit For Sale

Bronkhorstspruit, Gauteng, South Africa
Asking Price:
R1.5M - R3M Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

For Sale by Tender:

Insitu Supermarket and Liquor Store Assets Tender – Closing Date Extension

• Tender Closes on the 7th December 2023 @ 14h00
• Tender Documents available on request and upon signing of an NDA and supplying
FIC documentation.

The assets are currently installed and in place at the shop premises in Bronkhorstspruit and were recently bought and installed over the past 24 -30 months. This provides an excellent turnkey opportunity for a buyer to restock the store and start operating.

The assets were bought and installed at a cost of R3,600,000. The seller is open to considering offers from R2,000,000 for the assets.

Historically the business had a turnover of around R1m a month and this creates an excellent business opportunity.

The opportunity to purchase these assets allows an entrepreneur to enter into the retail game at an incredibly low entry point giving you an edge.

This is an excellent opportunity to pick these assets up at a great price.

The viewing of the assets prior to the closing of the tender is possible and can be arranged by appointment.

A copy of the existing lease agreement is available for viewing and the Purchaser will be taking over the lease on the same terms, subject to their approval from the landlord.

The seller is open to considering all reasonable offers made on tender.

Property Information

Real Estate:


Lease Terms:

Lease term is 10years with 5% Escalation

Leasehold Rent:

R200,000 per annum



Premises Details:

Premises have been upgrade for the purpose of a Supermarket and Liquor Store

Business Operation

Years established:

Other Information

Support & training:

Seller willing to offer advise on how the business can be restarted.

Furniture / Fixtures value:
R3,000,000 - included in the asking price
Business closed / Asset sale:
This business is a turnaround opportunity.