This non–franchised privately owned supermarket also has busy take away and bakery sections under the same roof and is situated in Krugersdorp.
Zero formal competitors trading within the immediate area!
Operates 7-days per week
Total staff: 9.
Store and all departments are run by 2 managers and a team of 7 other staff.
About 65-70% of total business is generated by the take away / bakery departments meaning higher profit margins
Servicing industrial, residential and commercial trade in the immediate area
Located on a busy public transport route.
Current Turnover: +/- R480 000 per month on average as well as additional airtime and lotto profit
Stock on hand at rake over time is included in the asking price
Net Profit inclusive of lotto and air time monthly average: +/- R70 000
Asking Price: R700 000 (inclusive of all assets and stock)
All assets / equipment in working order
Current owner spends no more than 10% of the working week on site
Selling after 17 years under same owner because of other business commitments.
- Asking Price:
- R700,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R5,760,000
- Cash Flow:
- R840,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
Owner wants to focus on his other business which is a biscuit factory.
- Trading hours:
-
Operates 7 days a week.
- Employees:
- 9
- Years established:
- 17
Other Information
- Support & training:
-
Full handover.
- Financing available:
-
No. Cash buyers only.
