Ref. No - BFS936944

LocationSouth Africa, Gauteng

Ref. No - BFS936944

Sector - Retail

Asking Price
R8,750,000
Monthly Profit
R267,930
Asset Value
R 52,067
Stock Value
R 3,200,000
Yearly Net Profit
R 3,215,162

Summary

This one stop supermarket has a wide selection of fresh produce , meats and baked goods along with a deli and liquor store for the customers convenience . Being a franchise means there is always support and great advertising . The store is modern , clean and inviting with happy cheerful staff .

Give me more information

Fully describe the business's activities?

This Supermarket has easy access that's secure and clean and boasts a wide range of products. Well known in the area for their Bakery goods fresh deli products, fast foods and a bottle store included.

How does the business operate on a daily basis?

Large , busy supermarket where customers can purchase their daily , weekly and monthly groceries . There are several checkout points for customers convenience . Bonus bottle store for the weekend braai or party . This supermarket serves a large community . Included in this store is a bakery with delicious offerings , a butchery to satisfy any meat lover and a fruit and well stocked vegetable section .

What Advertising/Marketing is carried out?

Advertising is carried out by franchisor

What competition exists?

Smaller stores , but not conveniently located like this one

Give a breakdown of staff/ functions/ length of service?

2 x Managers ( Open and closing store and daily operations)
2 x Supervisors ( Daily operations with cashiers and customers)
6 x Merchandisers ( Daily packing of stocks and store rooms)
6 x Cashiers ( Daily customer service and cash ups)
2 x Backers ( Daily bakery duties)
1 x Admin ( All admin duties)
3 x Butchery
4 x Kitchen
2 x Deli
4 x Fruit & Veg
2 x Cleaners

Do any have management potential?

Managers are in place

When does the current lease end?

Premises is currently owned by the business.

What are the trading hours?

7am to 7PM

What are the main assets of the business?

Equipment and fittings.

Strengths?

Conveniently located and easy accessible to customers. A wide range of products including fresh produce, meat, dairy, and packaged goods. Prices are competitive with other stores in the area. Loyal customer base and established relationship with regular customers makes this store a good shopping experience.

Weaknesses?

Economic downturn

Opportunities?

Add a delivery service

Threats?

Little to none

What is the reason for the sale?

Owners have different business opportunity
Location

Contact | Enquire

Joe

Joe De Gouveia

LocationSouth Africa, Gauteng

Preferred method of contact

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