Property Description
*EXCLUSIVE*
About this Business: The Franchise Supermarket everyone has been waiting for!
History: Established well over 20 years, this retail food store franchise is well operated with excellent POS systems. Bakery, meats, vegetable sections & liquor license AND LOTTO!
Staff: 18 Staff plus a Manager.
Scalability: This business is extremely scalable due to the large number of potential clients visiting the area daily.
Figures: Annual turnover circa R26m. AFS 2023 & 2024 Management Accounts available.
GP: 19,4%
NP: Circa R1,7m per annum
Assets: Newly renovated with new equipment. High asset value.
Reason for Selling: Owner has started another venture.
Selling Price: R5,9m
ROI: 28%
*Note to Buyers – cash buyers only to enquire – Time wasting will not be entertained.
