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Supermarket – Mossel Bay

R 2,300,000
Sold

Overview

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 R1,2million(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.

ROI: 55%!

Other Features
Assets Included
Property Id : 2878
Price: R 2,300,000

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Trevor Young – [MACYOUNG] BComm(LAW)