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Profitable Store In Northern Suburbs, Cape Town For Sale

Northern suburbs, Western Cape, South Africa
Asking Price:
R495,000 Inventory / Stock included
Sales Revenue:
R1,470,450
Cash Flow:
R201,289

This profitable store is part of a network of successful dried fruit and nuts, biscuits and sweets stores in Cape Town, which has had rapid growth over the past 4 years.

It has a defendable position, offering some exclusive lines at attractive pricing, and the franchise is too expensive, so competition is no longer rolling out more stores.

Property Information

Real Estate:

Lease

Lease Terms:

3 years, with renewal

Leasehold Rent:

R232,496 per annum

Location:

High-traffic mall in Northern Suburbs, Cape Town

Business Operation

Expansion Potential:

Great potential - Seller is looking for a partner to grow this chain of stores.

Competition / Market:

Higher priced, franchised competitor - but they are no longer opening new stores.

Reasons for selling:

Looking for a partner to take over this store, and help open new stores.
Funds will be used to open another store in Cape Town, growing the network.

Trading hours:

Retail hours, 7 days a week - new Owner only needs to visit once a week

Employees:
2
Years established:
4

Other Information

Support & training:

Seller is running the other 6 stores, and will work with Buyer closely on this and future stores.

Furniture / Fixtures value:
R106,000
Inventory / Stock value:
R100,000 - included in the asking price
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