At SPAR we continuously strive to achieve the highest standards of quality in all areas, from our warm and dedicated service to all our products. With the objective of consistently meeting the individual needs of every customer in a caring and homely environment, from our warm and dedicated service to all our products.
SPAR holds strong brand recognition within the community. The site includes a well-performing TOPS liquor store and popular Bean Tree Café, both of which contribute to consistent foot traffic and customer loyalty
- Asking Price:
- R10,000,000 Furniture / Fixtures included
- Sales Revenue:
- R92,000,000
- Cash Flow:
- R3,300,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease is renewable
- Location:
-
Strategically positioned in the heart of Roodepoort, this prime retail space is easily accessible to the local community. Located in the vibrant Wilrokrans suburb, the store benefits from high visibility, ample parking, and proximity to local schools. It serves a broad and diverse customer base, further supported by the surrounding network of established retailers.
- Premises Details:
-
The stores are in good condition overall. However, a focused upgrade could significantly improve customer experience and drive additional revenue growth.
Business Operation
- Expansion Potential:
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There is untapped potential in market share with multiple opportunities for expansion and sales growth in both the stores.
- Reasons for selling:
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Owner has other business interest too
Franchise Information
- Franchise opportunity:
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Franchise Resale
- Franchise terms:
-
The terms will be discussed on application
Other Information
- Furniture / Fixtures value:
- R8,200,000 - included in the asking price
- Inventory / Stock value:
- R7,000,000
