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About this Supermarket for sale
This independent, well established retail Supermarket business on offer is situated in Pretoria. This reputative business coming into the market is an exceptional opportunity to enter this very competive market or to expand existing operations.
The Supermarket has been operating for nine years by the current Owner and is well established in its market area attracting plenty of nearby living residents, working persons in the business sub/node as well as students attending the University of Pretoria allowing the business to service the needs of a big customer base and enjoy a steady sales growth with a sound cash flow over the years.
The reason for the Owner wanting to sale is that he wants to immigrate with his family. The owner is involved on a day-to-day basis and overseeing retail operations, etc.
The set-up costs for a same 800sqm retail outlet like the one on offer, will between R5m to R6m.
This independent reputable Supermarket is well establised with a good recognizable brand and situated in a prime spot with a 800sqm spacious attractive shop who carved a nich with excellent service, 22 x well trained staff and a broad loyal customer base.
Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation) based on historical trading amounts to an average of R2,347,000 per year for the financial years 2019 and 2020. This offers a ROI of 36.1% and a payback period of 34 months.
The selling price of the Supermarket on offer is R6,500,000 plus VAT (if applicable) and includes Movable Assets valued at reasonable 2nd hand at R1,500,000 and Trading Stock @ cost of about R1,500,000.
All sales is on a cash base only which ensure a sound cash flow at all times.
The outlet has 8 x paypoint points and all the equipment is in very good condition and regular maintained.
The business has a reputable Meat Deapartment which accounts for about 40% of the total turnover also with the normal wide variety groceries department, vegatables, etc. An opportunity to grow the business/sales further by a new Buyer is to install its own bakery/confectionary department.
The business is being sold as turnkey and the Owner will ensure adequate training and assistance for one month after take-over .The staff is competent and fully trained in all aspects of the day-to-day operations of the business.
If you are passionate about the Supermarket industry and want to be the new Owner of this well-established reputable business on offer – this might be the business opportunity for you to grab and to continue grow it as a reputable Supermarket retailer in Pretoria.
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