Price Range: From To

Cash & Carry/Wholesale Store For Sale

R2,900,000

Business Description

Selling confectionery, ice cream, juices, chips etc to the Spaza shop industry, this 100%
cashflush business offers good expansion potential into groceries and an excellent location. With an investment in addditional stock, turnover can easily be doubled.

Business Details

  • Property ID: GS023
  • Price: R2,900,000
  • Turnover: R24mil
  • Actual Profit/Year: R3mil
  • Turnover range: R10mil+
  • Profit range: R3mil-R4mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Emmigration
  • Business history: 1 year (present owner)
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 670 sqm
  • Rent & lease terms: R22 000 per month / 2.5 years + 5 year renewal option
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: 20 Fridges/Furniture & Fittings. Approx R1m
  • Stock included in sale: No
  • Value of stock: R 500 000
  • GENERAL COMPANY INFO:

  • Employees: 8
  • Trading hours: Mon to Sat 7am to 3pm
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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