Spar Supermarket And Tops East For Sale

Business description

This excellent franchise supermarket situated far East of Johannesburg is well run, well maintained and very profitable.
There are 83 staff members in total including managers and the staff operating the Tops store. The business premises are very well maintained, and up to the latest franchisor's spec. The size of the premises is 2500m2. They of course sell all the usual supermarket fare, and are open 7 days a week from 7am to 8pm. Their average turnover is R6.5m per month, with an average monthly net profit of R400k after Vat.
There is not much more that one can say about an operation like this, as it is typical of it's type, and a very good opportunity for a buyer to obtain a business making really good profits, and just to concentrate on growing the business further.

Business Operation

Reasons for selling:

The seller owns several other businesses and wishes to consolidate his affairs.

Other information

Support & training:

All support and training will be given by the franchisor

Inventory / Stock value:

R3,000,000