About this Business: This is a medium to large Supermarket with a GLA of close to 600sqm. It provides for almost all retail departments, causing a variety of product lines.
History: This Supermarket has been in existence for more than 25 years, and operates profitably.
Staff: 23 skilled and loyal staff members.
Scalability: This Supermarket is highly scalable as it serves to increase several grocery goods.
Figures: Annual revenue around R14million, delivering earnings south of R1,2million(EBIT).
Assets: The asset inventory is valued at R2,2m.
Stock: Trading stock in addition averages around R400,000.
Reason for Selling: Owners to venture into a new business opportunity.