- Listing ID: 802284
- (Seller ref: GSWSPEC)
Successful & Growing Large Franchised Supermarket For Sale
- Location:
-
- South Africa
- > Eastern Cape
- > Port Elizabeth
- > Port Elizabeth
- Category:
- Type:
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Summary
- Asking price:
- R5,000,000 (Furniture / Fixtures included)
- Sales revenue:
- R21,000,000
- Cash flow:
- R1,500,000
- Franchise opportunity:
- Yes
- Years established:
- 14 Years
- Employees:
- 35 Staff plus 2 Managers
Business description
This large established franchised supermarket has been trading for 14 years, the last 4 of which have been as a recognised national brand.
The business is extremely solid and well run, and has shown exceptional sales growth even through the recent tough local trading conditions!
The business is well positioned on a major thoroughfare, and has little competition close by.
There is also a branded liquor store on the premises, contributing to combined sales of more than R21m p.a.
Franchise terms
Usual Franchise conditions apply
Property information
- Real Estate:
- Lease
- Lease terms:
- Rental @ R45 m2 = R51,750 pm
- Location:
- Extremely well located on a busy, main thoroughfare within a residential area.
Other information
- Competition / Market:
- Very little competition within immediate area.
- Support & training:
- 1 -2 months training will be provided to new owners as required.
- Reasons for selling:
- Owner retiring after many years of hard work!
- Trading hours:
- Mondays to Sundays.
- Inventory / Stock value:
- R1,600,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Eastern Cape
- > Port Elizabeth
- > Port Elizabeth
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