Property Description
ABOUT THIS BUSINESS: This very profitable liquor store is probably by far the best liquor store in this Garden Route town. Perfectly located with loyal and regular clientele.
OPERATIONS: Owner managed with excellent staff.
REASON FOR SELLING: Early retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased. (*Available to purchase at R6m)
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R5,9 as a going concern at a 0% VAT rate.
STOCK VALUE: +-R2,8m at cost (*estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R8,7m
PROFITABILITY:
ANNUAL TURNOVER: R38m
AVERAGE MONTHLY TURNOVER : R3,19m
NET PROFIT (EBITDA) PER ANNUM: R2,3m
NET PROFIT (EBITDA) PER MONTH: R233,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.6
ROI(RETURN OF INVESTMENT): 39%
MPB(MONTH’S PAY BACK): 31
ASSETS:
MARKET VALUE: +-R1m
ASSET VALUE RATIO TO SELLING PRICE: 17%
