Buy a Suburban Superette In Empangeni business for sale in Empangeni on BusinessesForSale.com

  • Listing ID: 888804
  • (Seller ref: 600307)

Suburban Superette In Empangeni For Sale


Location:
Category:
Type:

Asking price:
R1,300,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
R6,300,000
Cash flow:
< R3m
Years established:
Established about 30 years ago
Employees:
One manager, 2 cashiers, 4 packers.

Convenience Shop


Situated in the middle of a well established residential suburb. This shop stocks all the daily household requirements such as bread milk and newspapers. Minerals, magazines, general groceries and cigarettes are big sellers. The addition of a little bakery for fresh bread and confectionary would improve GP,s and make this an even more profitable business for the entrepreneur who is prepared to work hard.


Real Estate:
Lease
Lease terms:
New lease has been entered into with five years to go and an option for a further five years
Leasehold rent:
R190 000 per annum
Location:
Very Good exposure on the corner of a busy intersection in a suburban area with good access.
Premises details:
A dedicated supermarket site. The premises are about 280m2 of trading area.
Size in square feet:
280m2

Expansion potential:
The is potential to add a confectionery bakery.
Planning consent:
General commercial
Competition / Market:
This is a convenience store in a suburban area. There is no other opposition.
Reasons for selling:
The owner wishes to focus on other business interests
Trading hours:
07hr00 to 16hr00, 7 days a week.
Furniture / Fixtures value:
R341,000 (included in the asking price)
Inventory / Stock value:
R250,000 (included in the asking price)

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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