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Thriving Supermarket and Fish & Chips & Takeaway For Sale

Free State, South Africa
Asking Price:
R13,500,000
Sales Revenue:
R26,000,000
Cash Flow:
On request

The business was started by the current owner's parents in 1964. They have been doing business for the past 62 years, and it is one of the oldest running businesses in the Eastern Free State.

The business is split into three departments:

Takeaways – This fast food outlet is one of the oldest businesses in town. Currently, 7 employees prepare and serve fast food at this segment. The biggest seller is potato chips, and it sells +- 1,500 kg/week.

There are many people benefiting from their longer trading hours. Many get their breakfast and dinner at the takeaways. It is popular with highway drive-through truck drivers for it’s high quality food.

Fruit and Vegetables - The main purpose of their business is selling fresh produce to the public and some local businesses and street vendors 7 days a week.

Groceries - To add to the needs of their customers, they provide a basic range of groceries, bread & butter, milk, cool drinks, and magazines.

* Their product offerings are listed below;
Fast Foods such as: Fish & Chips, Russians, Viennas, Vetkoek, Bunny Chow, Runners, Pap & Stew, Curry & Mince, Braaipap, etc

Fresh vegetables such as; cucumbers, shallots, tomatoes, cabbage, broccoli, lettuce, chilies, capsicum, red salad onions and snow peas, Chinese cabbage, lettuce, basil, roses, tomatoes, okra, watercress, basil, coriander, parsley, lemongrass, sage, beans, peas, radishes, strawberries, melons, onions, cantaloupe and bell peppers turnips, parsnips, mushroom, carrot, melon, sweet potato, cauliflower, and eggplant.

Fresh fruits such as Pineapple, Papaya, Strawberry, Lemon, Watermelon, Blueberry, Raspberry, Plum, Mango, Apple, Banana, Dragon Fruits, Oranges, Grapes, Limes, Avocado and a host of other fruits.

Household Groceries such as; Coffee, Tea, Sugar, Spices, Bread, Butter, Margarine, Milk, Cool drink, stationery and magazines.

* Their Services include;
Deliveries - 2x delivery vehicles with dedicated drivers that do deliveries to customers

***This business is in a CC and can be sold through the transfer of members' interest (MI), which makes it free from VAT. If you, however, choose to buy it as a going concern and not through the transfer of MI, there will be VAT applicable, but if you are VAT registered, a zero VAT rate would apply.

Please note: All the images are generic as to preserve the identity of this business

Property Information

Real Estate:

Real Property Included

Location:

In a busy street in an Eastern Free State Town

Premises Details:

The premises are owned by the Sellers

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The owners want to retire

Trading hours:

Mon - Sat: 06h30 - 18h30
Sun: 08h30 -13h00
Public Holidays: 08h30 - 13h00

Employees:
18
Years established:
62

Other Information

Support & training:

Will be provided

Furniture / Fixtures value:
R2,500,000