This beautiful Spar came into the market with loads of of potential, sold at 1 x the monthly Turnover.
This is an urgent sale
- Asking Price:
- R4,950,000 Furniture / Fixtures included
- Sales Revenue:
- R15M - R100M
- Cash Flow:
- R1.5M - R3M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 plus 5 years
- Leasehold Rent:
-
R18,000,000 per annum
- Location:
-
Helderberg Basin, Somerset West
- Premises Details:
-
Spar & Tops combined in upmarket Shopping Centre
- Size in square feet:
- 1,500 m2
- Planning Consent:
-
Every legal aspect in place
Business Operation
- Expansion Potential:
-
Opportunities exist
- Competition / Market:
-
Yes
- Reasons for selling:
-
Devote attention to Gauteng businesses
- Trading hours:
-
8h00-17h00 - 7 days / week
- Employees:
- Normal staff compliment
- Years established:
- 12
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Standard Spar Franchise terms
