* Full Service Established Liquor Store for sale.
* High income area.
* Decades in the same location under current ownership.
* Central Southern Suburbs.
* Independent Liquor Stores seldom come to market.
* Growth Potential
* Premises secured for 10 years.
- Asking Price:
- R2,450,000
- Sales Revenue:
- R7,150,000
- Cash Flow:
- R400,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The lease has been renewed recently and only expires in May 2029 (5 years) and offers an option to renew of 5 years.
- Leasehold Rent:
-
R495,000 per annum
- Location:
-
The business location is highly suitable for a liquor store, situated on a bustling main road with excellent visibility and a wide street front. Situated in a sought-after residential area in the Southern Suburbs, just 9 km from Cape Town’s CBD.
- Premises Details:
-
In a retail area on a very busy suburban main road.
- Size in square feet:
- 100 sqm
Business Operation
- Expansion Potential:
-
Extending hours of trade.
Focused marketing.
- Reasons for selling:
-
Health issues necessitating the seller's retirement.
- Trading hours:
-
Mon - Fri 09:00 - 18:00. Saturday 09:00 - 17:00. Sunday Closed
- Employees:
- 3
- Years established:
- 35
Other Information
- Support & training:
-
Seller will train and assist buyers after hand over.
- Furniture / Fixtures value:
- R160,000
- Inventory / Stock value:
- R900,000
