086 1222 021

info@scsgroup.co.za

Price Range: From To

Convenience Liquor Store For Sale

R850,000

Business Description

Well-appointed and stocked local convenience liquor store. The friendly service from this husband and wife team has contributed greatly to the turnaround and steady growth of this business despite nearby competition.
Aside from its reputation for friendly service, a clean set of management
accounts, plenty of parking, and several nearby restaurants and guest-houses make this a desirable acquisition.

Business Details

  • Property ID: PER195
  • Price: R850,000
  • Turnover: R6.9mil
  • Actual Profit/Year: R312k
  • Turnover range: R5mil-R7mil
  • Profit range: R250k-R350k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Semi-retirement transition. Owner now wants to travel
  • Business history: 3 years with present owner
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 250 sqm
  • Rent & lease terms: R25 500 / 8% / 2 years remaining + 3 year renewal
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R250k at cost (includes delivery vehicle video surveillance, Inverter elect
  • Stock included in sale: No
  • Value of stock: R600 000
  • GENERAL COMPANY INFO:

  • Employees: 6 (includes 2 owners)
  • Trading hours:
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Western Subburbs (Table View Area)
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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