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Privately Owned Supermarket! Sandton! R 4,500,000! For Sale

Sandton, Gauteng, South Africa
Asking Price:
R4,500,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Privately owned Supermarket - Sandton

Selling Price R4.5mill

Stock R1 mill

Turnover R36 mill PA

Nett profit R1mil PA

This privately owned Supermarket was established over 20 years but previously part of a Franchise group. Being experienced retailers the owners no longer required the assistance of a Franchise as a common trend in current market conditions today. This shop is primely located in heart a private suburb in Shopping Centre with several other shops outlets. The Centre provides ample secure customer parking. The business comes with over 30 competent staff in each department and 2 store Managers. Approximate retail area is 600m2 excluding back up areas. The shop offers its customers Fresh Produce, Bakery, Meat, Hot foods and General Groceries. They carry wide a range of Groceries that offer good value with regular promotions. The neighbourhood provides a captive client base being the only store in the area. New owners would have access to back-up support systems, services and benefits from Suppliers. Fully computerized ordering system makes placing orders both fast and accurate. New and aggressive advertising would be advantageous.

Property Information

Location:

IDEALLY LOCATED IN SANDTON!

Business Operation

Expansion Potential:

HUGE EXPANSION POTENTIAL!

Reasons for selling:

OTHER BUSINESS INTERESTS!

Trading hours:

PLEASE CONTACT FOR FURTHER INFORMATION!

Employees:
30 PER DEPARMENT
Years established:
20+

Other Information

Support & training:

WILL BE PROVIDED IF NEEDED!