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Upmarket Butchery & Deli In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R2,500,000
Sales Revenue:
R3M - R8M
Cash Flow:
R40,000

• This up-market, impressive, recently refurbished, profitable and growing Butchery & Deli opportunity is located in the northern suburbs of JHB

• Already supplies multiple up-market restaurants and hotels in the surrounding areas and continues to increase its customer base daily.

• Was struggling under the previous owner but now averaging +/- R400 000 turnover monthly.

• In just 11 months, the net profit have moved from almost zero to +/- R40 000 average per month and growing!!

• New walk-in Cold Room and refurbished walk in freezer
• New Refrigerated Upright Display Cabinets
• New Refrigerated Counter Display Cabinet
• New Spice & Sauce Display Cabinets
• New POS system
• New 150 KVA generator installed recently (Cost R150 000) covering all store needs during load shedding periods
• New signage and awnings
• Chevrolet 1.8L delivery vehicle with enclosed refrigerated canopy (+/- 100 000 km on the clock) – Very good condition! (Value R200 000)

• Superbly well maintained and cared for family business
• No need for further asset or fixture & fittings investment, for a long time.
• Strong On-line customer base.

• Owner is hands on but store closes at 5pm during the week, at 2pm on Saturdays and on public holidays!!
• Closed on a Sunday!!!

• Opportunity to immediately increase sales as well as profits by extending evening hours, trading longer on Saturdays and opening on Sundays.

• Owner bought this business less than 1 year ago but now has family obligations to relocate away from JHB. Merely looking to recover his investment!!
• Selling Price - R2,5m.

Property Information

Real Estate:

Lease

Location:

Very Busy roadin prime area.

Business Operation

Reasons for selling:

Owner is relocating.

Employees:
3
Years established:
3

Other Information

Support & training:

Full handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R1,300,000
Inventory / Stock value:
R150,000