Supermarket With Takeaway and Bakery For Sale

Business description

This Supermaket has its own bakery producing fresh bread twice a day,as well as a take-away. It is situated in a low crime area and little or no load shedding is experienced. Surrounded by upper income residents, pricing can be played with to get good profits.

Property information

Real Estate:

Lease

Lease terms:

4 years left with option for more

Location:

In a shopping complex located in one of the entrances to a upper class residential area.
Just off the main road to the Vaal Dam.

Other information

Expansion potential:

Could be changed into a franchise.
There is development on the go for more housing(+-4000 houses)

Competition / Market:

Small Spar +- 1km away but their is limited parking.

Support & training:

One Month,after that any queries can be easily answered as current owner also has a Bottle store next door.

Reasons for selling:

Growing to big to pay full attention to both businesses.

Trading hours:

7 to 7

Furniture / Fixtures value:

R500,000

Inventory / Stock value:

R400,000

Contact the seller