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Established Franchise Supermarket In Ceres Western Cape For Sale

Ceres, Western Cape, South Africa
Asking Price:
R3,500,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

This “household name” minimarket in Ceres is up for grabs as the current owner has little time to be involved on a full-time basis.

The result is below-average returns. It has great potential, though, for the experienced retailer.

The minimarket is next to the owner’s well-known service station franchise, attracting enough customers to make it a great and profitable business. The building also belongs to the owner, which guarantees the new owner a lease at an affordable price.

It has 16 permanent staff members and includes a full-time manager.

The business has been valued by a professional accountant, and more financial information is available for interested parties with proof of funds.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner has other businesses and doesn't have the time to dedicate to it.

Trading hours:

Open 7 days a week

Employees:
16
Years established:
4

Other Information

Support & training:

Full handover by owner and ongoing support from Franchisor

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R2,000,000