- Listing ID: 907662
- (Seller ref: GFOSUEC)
Supermarket In Residential Suburb Of Port Elizabeth For Sale
- Location:
-
- South Africa
- > Eastern Cape
- > Port Elizabeth
- > Port Elizabeth
- Category:
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Summary
- Asking price:
- R900,000 (Furniture / Fixtures included)
- Sales revenue:
- R4,200,000
- Cash flow:
- R420,000
Business description
This established, non-franchised supermarket is extremely well located in a residential suburb, and is positioned well to take advantage of the increasing demand for convenience shopping as a result of increasingly busy lifestyles.
The business has ample off street parking, and is positioned well on a busy main road, ensuring high levels of visibility.
An opportunity exists to franchise this business, and to utilise the solid foundation that the business enjoys to benefit from the increased exposure and sales that being part of a national brand will bring. The framework is in place for this, and to franchise will cost the buyer no more than R100,000 in addition to the purchase price listed below.
The current owner has three other supermarket businesses, and has realised the benefits of focusing his skills over a smaller number of businesses. The business is hence ideally suited to a hands on operator who is in a position to grow this business to the next level.
Property information
- Location:
- Located in a strip mall at a very busy intersection in a residential suburb.
- Premises details:
- Very high visibility site with ample off street parking.
Other information
- Expansion potential:
- Opportunity exists to franchise
- Support & training:
- Proper training and handover will be provided
- Reasons for selling:
- Owner consolidating business interests
- Trading hours:
- Mondays to Sundays
- Inventory / Stock value:
- R250,000
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
- > Port Elizabeth
- > Port Elizabeth
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