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LocationSouth Africa, Gauteng

Sector - Retail

Asking Price
R3,000,000
Monthly Profit
R 65,000
Asset Value
R 900,000
Stock Value
R 800,000
Yearly Net Profit
R 780,000

Summary

OK Franchise Grocery For Sale

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Background and History

OK Franchise Store for sale. Ideal business for hands-on owner and operator. High LSM area and well established local grocery and food business.

Products and Services

General Groceries and fast food and hot meals.

Assets

All necessary retail assets

Employees

14 at different levels

Location, Building and Lease agreement

Leased premises. reasonable landlord

Financials and Forecasts

Turnover reports and actual costs reports available

Reason for Sale

Owner cannot be involved in daily activities due to other business responsibilities. This type of business needs an owner operator.

Conclusion

This type of business needs an owner operator. Good growth is possible if more time is available from the owner. Opportunity to increase food preparation and catering if necessary expertise is obtained. This business is a going concern and is a neat and well managed store. It is in good standing with the community and the Franchisor. The business is a essential product supplier as groceries will always be needed in any economic situation. Prospective buyers must be approved by the Franchisor

Agents Comments

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