Property Description
ABOUT THIS BUSINESS: Attention investors and entrepreneurs!We are mandated to market and sell a well-established, high-visibility retail business in the prime commercial hub of Voorbaai, Mossel Bay. Spanning almost 700sqm with spectacular main road visibility and ample parking, this thriving operation benefits from high-traffic exposure, excellent road access, strong local support, and proximity to growing residential areas and the Garden Route’s tourist market. Featuring solid infrastructure, a loyal customer base, and strong expansion potential, this is a genuine turnkey opportunity for the right buyer in one of South Africa’s most desirable coastal regions.
OPERATIONS: Owner run with three staff members.
REASON FOR SELLING: Diversify portfolio.
SCALABILITY: Massive market to grow and expand, especially online/e-commerce.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R3,55m
STOCK EXCLUDED: R1,4m (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R4,9m
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 3.2
ROI(RETURN OF INVESTMENT): 31%
MPB(MONTH’S PAY BACK): 39
ASSETS:
MARKET VALUE: R1,832m
ASSET VALUE RATIO TO SELLING PRICE: 51%
PROFITABILITY:
ANNUAL TURNOVER: R6,3m
AVERAGE MONTHLY TURNOVER : R529,000
NET PROFIT (EBITDA) PER ANNUM: R1,1m
NET PROFIT (EBITDA) PER MONTH: R92,000
