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Upmarket Butchery/Deli In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R1,900,000
Sales Revenue:
R3M - R8M
Cash Flow:
R300,000

This up-market, impressive, recently refurbished, profitable and growing Butchery & Deli opportunity is located in the northern suburbs of JHB.
It already supplies multiple up-market restaurants and hotels in the surrounding areas and continues to increase its customer base daily.
I was struggling under the previous owner but now averaging +/- R300,000 turnover monthly.
In just 11 months, the net profit have moved from almost zero to +/- R25 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
There is 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 - Reduced from R2,5m to R1,9m for urgent sale as owner is relocating! (excl. stock of around R100k.)

Property Information

Real Estate:

Lease

Location:

Prime location in Sandton with great roadside visibility.

Business Operation

Reasons for selling:

Owner is relocating.

Trading hours:

Mon-Fri: 8am - 5pm.
Sat: 8am - 2pm.
Closed on Sundays.

Employees:
3
Years established:
4

Other Information

Support & training:

Full handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R1,300,000
Inventory / Stock value:
R100,000