Supermarket In Pretoria City For Sale

Business description

Well positioned in a high traffic node of pretoria, this business is for sale. The askin price is R 1.3 Million including stock of approx. R 700 000. The business has a n average monthly turnover of around R 400 000 leaving a nett profit of R 40 - R 45 000 + per month. The business is curently operated as an independent store but joining a franchise group ( e.g OK Grocer ) will ensure that the business becomes more competitive and allow for a better turnover and bottomline. The business has a relatively new fast food section which is starting to show a good turnover.

Property information

Real Estate:

Lease

Lease terms:

Good lease available

Leasehold rent:

R16000 per month per annum

Location:

The supermarket is located in a building in a high traffic area near a station in Pretoria

Business Operation

Competition / Market:

Usual competition forkm amaller traders in the area

Reasons for selling:

Owners partner has immigrated to Australia

Trading hours:

Mon - Fri : 06h00 - 19h00
Sat : 08h00 - 18h30

Years established:

7 Years +

Other information

Support & training:

Seller will provide training

Inventory / Stock value:

R700,000 (included in the asking price)