Supermarket – Mossel Bay

R 3,750,000
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  • Property ID
  • 2878

Property Description

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 R1,4million(EBIT).

Assets:  The asset inventory is valued at R2,2m.

Stock: Trading stock is to be provided for, and averages around R800,000.

Reason for Selling: Owners to venture into a new business opportunity.

ROI: 37%!

Other Features
Assets Included
Property Id : 2878
Price: R 3,750,000

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Trevor Young – B.Com(LAW)