KwikSpar & Tops Franchise, East Rand/ Germiston area For Sale

Description

Business type: supermarket and liquor store franchise

Location: south of Johannesburg

Trading history: more than 30 years

Current status: established operating business

Business structure

Supermarket: operating

Liquor store: operating

Ownership requirement: both stores must have the same owner

Management requirement: both stores must be managed together

Location

Shopping centre type: strip mall

Tenant position: anchor tenant

Local community: established

Customer traffic: consistent

Franchise

National franchise brand: established

Franchisor feasibility study: completed

Long-term site potential: confirmed by the franchisor

Store performance within franchise group: stated as high

Operations

Stock management systems: established

Hands-on management model: established

Customer service standards: established

Supermarket condition: well maintained

Liquor store condition: well maintained

Refurbishment requirement: none stated

Customers

Local customer base: established

Community support: established

Brand recognition: established

Transaction details

Asking price for both stores: R6,500,000

Price negotiation: limited

Stock: excluded from the asking price

Approximate stock value: R5,000,000

Supermarket and liquor store: sold together

Separate store acquisition: not available

Property

Business property: owned by the current sellers

Property: available separately

Property purchase: subject to separate negotiation

Potential buyers

• Owner-operators
• Supermarket operators
• Retail investors
• Existing franchise operators