This National Supermarket with Kosher Section and Liquor Store has been in the Northern suburbs of Johannesburg for the past 40 years, and is well entrenched in the area. It has garnered a reputation of being one of the best in the group because of the well controlled stock and excellent customer service, including keeping the right items required by the customers that frequent their particular store. Despite the fact that both the Supermarket and the Liquor Store have been in their current position for 4 decades, their is still room for plenty of growth and expansion for an experienced 'hands on' Owner/Operator. Both the Liquor Store & Supermarket are required to be bought by the same buyer by the Franchisor, therefore any figures quoted in this Listing are for both operations together!
An excellent opportunity for an entrepreneur to purchase a supermarket that already has a strong customer base, is well run, and has been profitable for many years!!
- Asking Price:
- On request Furniture / Fixtures included
- Sales Revenue:
- R105,000,000
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Conveniently located in a local shopping centre, on a busy street in the Northern suburbs. of Johannesburg.
- Premises Details:
-
The Supermarket and Liquor Store, as usual, are located a few shops apart in the same centre.,
Business Operation
- Reasons for selling:
-
The owner wishes to emigrate to Europe.
- Trading hours:
-
The business is open 8am to 6pm Monday to Friday, and 8 to 4pm Saturdays and Sundays.
- Employees:
- They have 78 Staff working in the Spar Store, which includes 4x Security Staff and 2 x Managers, plus 1x Machgiach to make sure the Kosher section is always compliant. Added to that are 3x Staff members working in the Tops Store as well.
- Years established:
- This business has been in the same location for the past 40 years.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All support and training will be supplied by the Franchisor, who must approve the Franchisee, before a sale may take place.
- Furniture / Fixtures value:
- R8,500,000 - included in the asking price
- Inventory / Stock value:
- R5,500,000
