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Asking Price$270,000
Revenue$1,114,000 Established1970
Cash Flow$111 Employees7 full-time
FF&E$115,000 FranchiseNo
Inventory$85,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This long established and profitable supermarket in the Western Suburbs of Pretoria is on the market for a new owner. The current owner who has owned and run the supermarket for the past 40 + years want's to retire. The supermarket consists of a bakery, butchery ,fruit and veg and a small take away section. It is well stocked and caters for the daily requirements of it's clientelle offering a 'bit of everything' to them. The business is priced at R 1.9 Million including stock which is conservatively estimated to be around R 600k. The monthly turnover ranges between R650k to R700k leaving a nett figure after expenses of around R 65 - R70k + and there is ample room for improving the business - 'new blood' is required to 'sharpen things a bit'. This is definately a good buy !! The owner is prepared to part finance the sale by offering a 50% of the purchase price over a 40 month period, to an approved buyer. The rental is based at R 20 000,00 + Vat per month which is very fair and a good lease is not a problem.
Facilities:The business is 'old school' and requires a 'ridy up' of the systems used. It has enormous potential to become a major playe in the area if converted to a franchise store - however, it is performing quite well and is solid.
Competition:Minimal in the area
Growth Potential:Excellent
Training/Support:Owner will provide training
Seller Financing:Seller prepared to part finance the sale to approved buyer.
Sale Reason:Owner tired - has been operating the business for around 42 years
Ad #25228
Seller Reference #CJB103
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Contact This Seller
Jordan  Jardim
Cameron Jordan Business Brokers
+27 827260235
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