Property Description
ABOUT THIS BUSINESS: The top Mediterranean deli in the area by far! Well established over a period of several years. A local business located at the most perfect setting and hugely popular and very successful. This Deli was established in 2022 by the current owner has proven to be very popular amongst the locals.
Any client looking for that something extra and out of the ordinary will definitely visit this establishment. The seller will be handing over a few secret recipes, a very specialised product line and distribution rights to some of the products in store.
OPERATIONS: Owner managed with excellent operational management.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand with additional product lines.
PREMISES: Leased at below market value. (50sqm)
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R625,000 (including stock) as a going concern
STOCK VALUE: R20,000 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R645,000.00
PROFITABILITY:
ANNUAL TURNOVER: R1,5m
AVERAGE MONTHLY TURNOVER : R125,000
NET PROFIT (EBIDTA) PER ANNUM: R320,000
NET PROFIT (EBIDTA) PER MONTH: R26,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2,0
ROI(RETURN OF INVESTMENT): 51%
MPB(MONTH’S PAY BACK: 23
ASSETS:
MARKET VALUE: R92,500
ASSET VALUE RATIO TO SELLING PRICE: 15%