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Established Ok Minimark In Cape Winelands For Sale

Cape Winelands, Western Cape, South Africa
Asking Price:
R3,916,000 Furniture / Fixtures included
Sales Revenue:
R18,000,000
Cash Flow:
R1.5M - R3M

This beautiful Mini Market just came into the market.
Located in scenic Cape Winelands Districts

We have several OK / Spar / PnP Supermarkets and Liquor Stores in the market.
Please enquire for a full list

Kindly complete the NDA attached if you wish to obtain more information

Property Information

Real Estate:

Lease

Lease Terms:

5 + 5 years

Location:

In scenic to Cape Winelands District

Premises Details:

Shop is about 400m2

Size in square feet:
6,458
Planning Consent:

No Liquor Store. Full consent in place

Business Operation

Expansion Potential:

One could still modernize the shop. No space to expand

Competition / Market:

Yes but OK MiniMark is a good brand

Reasons for selling:

Will be divulged to a serious buyer

Trading hours:

24 hrs / day

Employees:
Standard compliment
Years established:
20

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Standard OK Franchise terms

Other Information

Support & training:

Full support will be provided

Financing available:

Need to bring 50% of the purchase price in unencumbered funds to the table. The banks will most probably fund 50% of the transaction

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value:
R1,500,000
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