Official COVID-19 Information: www.sacoronavirus.co.za
Official COVID-19 Information: www.sacoronavirus.co.za
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LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R 415,000
Monthly Profit
R 17,519
Asset Value
R 1,400,000
Stock Value
R 35,000
Yearly Net Profit
R 210,228

Summary

Recently revamp northern suburbs shop. Well established with manager in place. Day time only business needs new owner.

Give me more information

Fully describe the business's activities?

Well established europa that has been revamped. Operates with a manager but needs to be owner run. Situated in local mall that has number of banks that offer full services. Large retailer, Woolies and bottle store in centre. Trades day time only.

What Advertising/Marketing is carried out?

No marketing is done, other than what the franchisor does.

What competition exists?

There is 1 other competitor in the centre, which is non frnachised.

How could the profitability of the business be improved?

Business needs an owner to be present and involved

How involved is the Owner in running the business?

Very little due to seller having another store.

When does the current lease end?

Recently signed for 5 yrs

What are the trading hours?

M-F 7.30-17.30 sat 7.30- 16.00, Sun 7.30-16.00

What are the main assets of the business?

Business has recently undergone revamp to franchisors latest standards. Shop is in fantastic condition!

Strengths?

well know brand, good location, solid client base, staff trained,

Weaknesses?

Owner has limited involvement

Opportunities?

Owner run, liquor licence, deliveries

Threats?

Limited

What is the reason for the sale?

Owner needs to cut back as this business was run by her husband

Location

Contact | Enquire

Frank

Frank Schrempel

LocationSouth Africa, Gauteng

Preferred method of contact

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