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Established Spar & Tops In Overberg For Sale

Overberg, Western Cape, South Africa
Asking Price:
R12,700,000 Furniture / Fixtures included
Sales Revenue:
R56,820,684
Cash Flow:
R3M - R8M

This stunning Kwikspar & Tops is located in a small, upmarket shopping center in a scenic town

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

If you want any information about this business, then please complete the NDA attached

Property Information

Real Estate:

Lease

Lease Terms:

Anchor tenant. Long term lease

Leasehold Rent:

R2,100,000 per annum

Location:

Overberg

Premises Details:

Located within 1,250m2 shop in an upmarket Shopping Centre servicing an affluent customer base

Planning Consent:

Full consent and licensed

Business Operation

Expansion Potential:

Yes

Competition / Market:

Little competition within close proximity

Reasons for selling:

Will be divulged to a serious buyer

Trading hours:

08h00 to 19h00

Employees:
Standard Compliment
Years established:
30

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Standard Spar terms

Other Information

Support & training:

Full support from owner & Spar DC

Financing available:

The buyer needs to have 50% in unencumbered funds and he finance houses will fund the balance

Furniture / Fixtures value:
R6,000,000 - included in the asking price
Inventory / Stock value:
R2,000,000
Related Documents: