Buy a Franchise Supermarket For Sale business for sale in PARYS on BusinessesForSale.com

  • Advert ID: 635199

Franchise Supermarket For Sale


Location:
Category:
Asking price:
R2,000,000
Sales revenue:
R10,000,000
Net profit:
R645,000
Franchise opportunity:
Yes
Employees:
16 employees of which 2 are managers


To be discussed with owner


This well known franchise supermarket is situated in Parys an hours drive from Jhb. Lots of development in town, with a very low crime rate.
This is a 15 month old business and is still growing every month. Owners had to expand a lot during the first year due to high growth. A clean, well kept supermarket with groceries, butchery, lotto, kiosk, ATM and fruit/veg department.


Real Estate:
Lease
Lease terms:
5 year lease, extended for 10 years
Location:
Prime Location in CBD

Expansion potential:
There is still lots more growth potential in this business and an Express Liquor store can also be added as there is allready a licence on the premises.
Competition / Market:
None in the immediate area catered for. Other competing supermarkets in town.
Support & training:
Current owners will stay on for a month if required as well as franchisor support
Reasons for selling:
Owner wants to immigrate
Trading hours:
M-F 08:00-18:00 Sat 08:00 - 15:00 Sun 08:00 - 12:00
Financing available:
N/A
Furniture / Fixtures value:
R1,000,000

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.

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