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Franchise Supermarket - Garden Route For Sale

Garden Route, Western Cape, South Africa, ID 221733

Franchise Supermarket - Garden Route For Sale 1
Franchise Supermarket - Garden Route For Sale 1
Asking price:
ZARR6 995 000
Cash Flow (per year): R1 700 000 zar
Sales Revenue: R26 000 000 zar
Owner
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Description

About this Business: The Franchise Supermarket everyone has been waiting for!History: Established well over 20 years, this retail food store franchise is well operated with excellent POS systems. Bakery, meats, vegetable sections, liquor license and LOTTO.Staff: 20 staff plus a manager.Scalability: This business is extremely scalable due to the large number of potential clients visiting the area daily.Figures: Annual turnover circa R26m. AFS 2024 & 2025. Management accounts available.Net Profit: Circa R1.7m per annum.Assets: Newly renovated with new equipment. High asset value.Reason for Selling: Reinvestment. Owner has started another venture.Stock: +-R1.5m additional.ROI: 24%Cash buyers only to enquire. No seller finance.

Details

Real Estate: Lease
Equipment cost: 1 500 000
Employees (ppl): 20
Asking price: 6 995 000 zar
Cash Flow (per year): 1 700 000 zar
Sales Revenue: 26 000 000 zar

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