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Urgent Immigration Liquor Store For Sale

Boksburg, Gauteng, South Africa
Asking Price:
Sales Revenue:
Cash Flow:

This bottle store was closed since the Lockdown in April 2020 as the owner had already immigrated, however he has returned to open and restock the store now, Trading again for the past 2 weeks.
All Rentals and suppliers are up to date

Net Profit for the year 2018 was on average R39,000 per month= R 477,459 per annum
Net Profit for the year 2019 was on average R45,000 per month= R 551,478 per annum
2020 4 months trading net Profit – R 32,000 per month
Based on Averages over 2018 and 2019, this business based on a P/E of 3 could easily be valued at R1.5million but the price reduced due to the COVID Pandemic and lockdown effect.

Urgent Cash sale due to Immigration.

Price R800,000 excluding Stock including assets and shelves.

Contact Tersia from Win4Me Business Brokers for more information.

Please complete and return our attached NDA for more information

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