Liquor Store In Shopping Centre Pretoria West For Sale

Business description

This Liquor store is in an extremely busy shopping centre in Pretoria West, with most of the big brand names known in South Africa; clothing shops, supermarkets, major banks and fast food franchises.

Asset list:
18M2 walk in fridge
2 freezers for ice
I double door glass fridge
Plasma TV
All shop fitting
Centralised air-conditioning
2 pay points with bar code scanners
Computerised point of sale system, including the relevant soft ware

Suppliers’ equipment:
4 double door glass door fridges
1 single glass door fridge

Rent: R15,200.00 p/m escalation 0f 4% P/A
100M2 and a store room for extra stock.
Electricity 10 – 12 K P/M centre funds included
Phone/fax R 600.00 aprox. P/M
Liquor licence is up to date, in the name of the business cc. New owner can take over the cc at no extra cost.

Employees:
2 sales ladies, Salaries: 1x R4, 200.00 and 1x R5000. 00 will be willing to stay on
1 packer/cleaner, salary: R 2,100.00 not willing to stay

Ave. monthly turn over: 240, 000.00
Profit margin 20 – 21% of GP = ave. 55, 000 P/M
Nett: 15 – 25, 000.00 P/M

AUDITED FINANCIALS AVAILABLE FOR 2011 - 2012 END FEBRUARY

Property information

Real Estate:

Lease

Lease terms:

3 years. Renewable in April 2012

Leasehold rent:

R182,400 per annum

Location:

On a corner of one of the main roads leading into Pretoria CBD, this Liquor store is in an extremely busy shopping centre in Pretoria West, with most of the big brand names known in South Africa; clothing shops, supermarkets, major banks and fast food franchises.

Size in square feet:

100M2

Business Operation

Expansion potential:

Needs a cash flow injection of R350, 000.00 to R400, 000.00 to purchase stock in bulk at a lower price to increase margin of profits.
Extend trading hours from Monday to Saturday until 20H00 and on Sundays until 16H00, which are the shopping centre’s trading hours.
Advertise. The vendor has done no personal advertising, only the standard advertising done by the shopping centre and which is included in the rent.

Reasons for selling:

Lack of cash flow to grow the business

Trading hours:

Monday to Friday: 09H00 – 18H00
Saturday: 09H00 – 16H00
Sunday and public holidays: 09H00 – 14H00

Years established:

7

Other information

Support & training:

one month handover period, the current 2 sales personnel are willing to stay on if required

Relocatable:

This business can be relocated.