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LocationNamibia, Windhoek & Central

Sector - Retail

Asking Price
N$1,850,000
Monthly Profit
N$ 45,024
Asset Value
N$ 288,000
Stock Value
N$ 200,000
Yearly Net Profit
N$ 540,289

Summary

Profitable, easy to operate grocer & bottle store allocated in a prime area.

Give me more information

Fully describe the business's activities?

A privately owned grocer and bottle store offering a variety of household requirements.

How does the business operate on a daily basis?

There are two cashiers / cleaners who open and close the business on a daily basis. The owner comes in once a day to take orders for new supplies and to collect the banking.

How involved is the Owner in running the business?

The owner goes into the business once a day to take produce orders and cash up.

When does the current lease end?

The current lease expires March 2023.

What are the main assets of the business?

The main assets of the business are the refrigerators and the shelving.

Strengths?

Profitable and the only retail and bottle store in a large km radius.

Opportunities?

One can expand the product lines by providing a takeaway and catering option.

What is the reason for the sale?

The owner is scaling down and wants to retire.

Location

Contact | Enquire

Ursula

Ursula Gollwitzer

LocationNamibia, Windhoek & Central

Preferred method of contact

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