Well established supermarket and liquor store. 28 years trading. The business holds strong brand recognition within the community. There is untapped potential with multiple opportunities for expansion and sales growth. Serves a broad and diverse customer base. An upgrade could significantly improve the customer experience and drive additional sales.
- Asking Price:
- R10,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R84,000,000
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Anchor tenant. Lease to be negotiated with Landlord
- Location:
-
Upington, Northern Cape, within the CBD area.
- Premises Details:
-
Located in CBD area with access from main roads
- Planning Consent:
-
Full consent and licensed TOPS
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Yes
- Competition / Market:
-
Close competition within close proximity
- Reasons for selling:
-
Owner wants to down scale and has other business investments
- Trading hours:
-
Monday to Saturday 07h00 - 20h00 Sunday 08h00 - 15h00 PH 08h00 - 15h00
- Years established:
- 1998
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Standard Spar Terms
Other Information
- Support & training:
-
Full support from Spar DC
- Furniture / Fixtures value:
- R5,000,000 - included in the asking price
- Inventory / Stock value:
- R2,000,000 - included in the asking price
