Supermarket & Liquor Store Franchise with Property included For Sale

This National Supermarket and Liquor Store Franchise has been established in the East Rand for over 30 years and is the anchor store in a busy Strip Mall, which Mall is also owned by the seller. The seller wishes to sell the Business and the Property together as a packaged Deal. This is not negotiable! The Business, being both the Liquor store and Supermarket together, must be owned and run buy the same owner. The Mall is conveniently located and very well established in the area, and the Franchisor/Head Office has already conducted a feasibility study of the business and has approved the long term viability of this site as being excellent!! The business has gained the reputation of being one of the best run stores in the Group, mainly because of their well controlled stock and proper hands-on approach, as well as their brilliant customer service. Although the business has been established for over 30 years, it is still an exceptional opportunity for a hands-on entrepreneur to take over this already well entrenched business and continue to grow both shops to the next level, because, as I have already pointed out, the Head Office's Feasibility Study was extremely positive indeed. Remembering of course that there is the added incentive that the person running the supermarket will also be the Landlord and can decide on what Rental he/she wishes to pay, coupled with the fact that there is already a steady income coming in from all the other Shops in the building. The other shops in the mall are the likes of a Chinese Takeaway, a Pub & Restaurant, Post Office, Laundromat, a Cell Phone & Electronics outlet, as well as an Estate Agency, to name a few, with of course plenty of secure parking. The supermarket and liquor store are being sold together for R10.5m, and the building is being sold for R16m, which price is fairly negotiable! Both the supermarket & liquor store are in good condition, and no revamp is required. Having said that, the strip mall is also in first-rate condition, and the owner handles the running of the mall herself, with the help of her managers.
When all is said and done, the business and the property together for R26.5m, makes for a premium purchase with a very good ROI!!