Ref. No - BFS11133
South Africa, Western CapeRef. No - BFS11133
Sector - Retail
Summary
The owner of this supermarket is well known in the supermarket, and since taking over this business, has turned this around into a very viable business with huge opportunity to expand it more due to its ideal location in the always developing northern suburbs. It has strong ties with the local community due to the fact that the owners are present in the supermarket.
The trained staff implement the same excellent client service , and therefore the store has recurring buyers
The franchise group is one of the most supportive groups in SA and the most well known through years of successful operations and consistently opening up new stores
The store also has a wine license which is excellent for this A/B income group
Give me more informationProducts and Services
The supermarket caters in all the needs of the clients
Assets
The assets of +/- R2,9 million is in an excellent condition and the owner recently purchased new equipment as well
Employees
The employees are well trained and dedicated to give the best service possible
Financials and Forecasts
The monthly turnover is +/- R1,62 million, with a GP of R420,000 per month (26%), with a NP (EBITDA) of R107,048 per month (7%)
At a selling price of R4,9 million it gives you a ROI of 26%
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