- Listing ID: 820073
- (Seller ref: GFGDEEC)
Franchised Supermarket In Coastal Town For Sale
- Location:
-
- South Africa
- > Eastern Cape
- > Undisclosed
- Category:
- Type:
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Summary
- Asking price:
- R1,800,000 (Furniture / Fixtures included)
- Sales revenue:
- R7,500,000
- Cash flow:
- R800,000
- Franchise opportunity:
- Yes
- Years established:
- This business has been trading for 36 years
- Employees:
- 16 Staff, including Managers, Cashiers, Butchery, Bakery and floor staff
- Relocatable:
- This business can be relocated.
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Business description
This popular and very profitable family supermarket is well located in a suburb of a peaceful Eastern Cape town, close to the coast.
The business has been trading for 36 years in its current location, the last 13 of which have been as a Franchise. As it is located away from the main retail centre, in a residential suburb, the supermarket enjoys a solid and loyal client base, and this has contributed to it's longstanding success and good profitability.
The supermarket is owner run, and is well staffed, and enjoys a good reputation amongst the locals.
If you are hands-on, and you are looking to enjoy a good income in a peaceful, close knit community, then this business opportunity is not to be missed out on!
Franchise terms
Incoming Franchisee will need to be approved plus normal franchise terms & conditions.
Property information
- Location:
- Conveniently located in a residential suburb in a quiet, peaceful Eastern Cape town.
- Premises details:
- Approximately 750 square metres under roof
Other information
- Competition / Market:
- Normal competitive environment
- Support & training:
- The owner will provide a proper handover as required, and training is provided by the Franchisor.
- Reasons for selling:
- Owner retiring after many years in retail!
- Trading hours:
- Mondays to Saturdays, 06h00 to 22h00, Sundays 07h00 to 20h00.
- Furniture / Fixtures value:
- R1,450,000 (included in the asking price)
- Inventory / Stock value:
- R650,000
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.
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- South Africa
- > Eastern Cape
- > Undisclosed
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