Ref. No - BFS11208
South Africa, Western CapeRef. No - BFS11208
Sector - Retail
Summary
The location of this supermarket is ideally situated to cater for the local residents and visitors to the town.
Give me more informationBackground and History
The location of this supermarket is ideally situated to cater for the local residents and visitors to the town
The product range addresses the needs of the loyal clients and the stock is consistently accordingly upgraded
The building is included and the building of 600 sq m is well kept and maintained
The total size of the premises is 1500 sq m, leaving 900 sq m of space for any other suitable development in this rapid expanding town
There is ample parking on the premises according to the municipal regulations as well
The supermarket has 8 full time staff members who are well trained and loyal to the owner
The owner is prepared to assist and train any new owners in full, including introducing the new owner to the suppliers
Products and Services
Supermarket with all the relevant stock
Assets
Assets as per a supermarket plus land and building as described above
Employees
8
Financials and Forecasts
Average turnover per month- R900,000
Average GP 30%
NP (EBITDA) R120000-R140000pm
Stock value- R1,2 million
Selling price- R10,8 million including building excl stock
Reason for Sale
Owner is involved with other businesses
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