Business description
Neat, professional and well located businesses for sale in the Joubertina area. There are two stores for sale: one (in town) which is mainly retail and the second one which is located about 5km from town that sells both on a retail and wholesale basis. There is plenty of repeat business as the Seller has the monopoly on liquor sales for the entire and surrounding area.
The business is a recognized brand in the liquor industry. The businesses could each be bought separately if so desired. The wholesale outlet includes the property on which the wholesale outlet stands. These are easy to run and very profitable businesses which are perfect for somebody looking for a lifestyle change or any business person in general seeking a sound investment.
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- Reatil outlet in town is on a two year (renewable) lease
- Location:
- Both Shops are located along one of the major roads and the outlet in town is located at the main shopping complex for the town
- Premises details:
- The retail premise is about 90m2 and consists of a front of house, an office and storage area. The wholesaler premises consist of a 110m2 retail shop and a 135m2 storage facility
Business Operation
- Expansion potential:
- Future prospects include the further development of its existing customer base, the expansion into other areas and the introduction of other possible products
- Competition / Market:
- There is no other competition as the Seller has the monopoly for the entire area (owns all the stores)
- Reasons for selling:
- Relocation and medical reasons
- Trading hours:
- Monday to Friday 09h00 to 20h00
Saturday: 09h00 to 17h00
Sunday: 09h00 to 12h00 (wholesaler only)
- Employees:
- The staff compliment for both stores consist of 6 permanent staff and 3 x casual staff. All the staff are fully trained and have all indicated that they would remain with the business
- Years established:
- The retail outlet in town has been successfully operating for 70 years and has been with the current owner since 2003. The wholesale outlet has been operating for over 25 years and has been with the current owner since 2007
Franchise terms
These businesses are not part of any franchise but do belong to a “group” which increases the purchasing power of the brand and also generates group rebates
Other information
- Support & training:
- Full Training and support will be provided
- Furniture / Fixtures value:
- R1,520,000 (included in the asking price)
- Inventory / Stock value:
- R380,000
- Related documents:
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- Lease asking price:
- R (Furniture / Fixtures included)
- Relocatable:
- This business can be relocated.