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Franchise Supermarket – Garden Route

R 5,900,000
Just Listed

Overview

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.

Other Features
Assets Included
Property Id : 3277
Price: R 5,900,000
Monthly Turnover: 2000000
Monthly Profit: 150000
ROI: 28

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Trevor Young [MACYOUNG]- BComm(LAW)