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Successful Supermarket For Sale

Sasolburg, Free State
Asking Price:
R6,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R36,000,000
Cash Flow:
R15M - R100M

Successful supermarket for sale that has been operating for 50 years as one of the first supermarkets around in Sasolburg with out any past nor present financial issues.Excellent trading references.
The supermarket is consisted of every service department i.e. butchery, take-away, bakery, fruit and veg and a pizza department as well. Running expenses such as rent, electricity and labor are very very low.
The supermarket has been completely renovated from top to bottom and inside out and looks as good as new.
It is situated in a good area and the customers are pleasant as well.
The unfortunate reason for sale is due to a family/partner death.

Property information

Real Estate:

Lease

Lease Terms:

5 years + 5 years

Leasehold Rent:

R456,000 per annum

Living Accommodation:

None.

Location:

15 Grobler Street Sasolburg residential area

Premises Details:

The shopping center has a hardware store, liquor store...

Size in square feet:
2000m2 + for the shop alone

Business Operation

Expansion Potential:

Expansion is available but no need.

Competition / Market:

There are a few shops in Sasolburg but we have our clientele.

Reasons for selling:

Reason for sale is the death of a family member/partner.

Trading hours:

7am-8pm every day

Employees:
42
Years established:
50 years

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Support and training avaiable

Furniture / Fixtures value:
R5,000,000 - included in the asking price
Inventory / Stock value:
R2,500,000 - included in the asking price
Relocatable:
This business can be relocated.

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