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Profitable Convenient Store, Bakery And Liquor Store In Potchefstroom For Sale

Potchefstroom, North - West, South Africa
Asking Price:
R8,500,000
Sales Revenue:
R15M - R100M
Cash Flow:
R500,000

This is business has been in the family for the last 33 years and is a well oiled machine looking for a new owner.

This business consists of three different locations, next to each other and across from each other.

It offers a take away, liquor store, bakery and a general merchant for retail customers.

It is situated in the suburbs with a large loyal customer base.

Property Information

Real Estate:

Lease

Lease Terms:

Will be renewed with new owner.

Leasehold Rent:

R600,000 per annum

Location:

The business is made up of three locations, two next to each other and the other one across the street. This was done to eliminate competition.

Premises Details:

The premises is made up of two convenient store across form each other, the one has a take away and a bakery, the liquor store is next to the one shop.

Business Operation

Competition / Market:

The owner is renting both corners of the building meaning that o direct competition can be next to him or opposite him.

Trading hours:

7:00 - 19:00 Mon - Sun

Employees:
8
Years established:
33

Other Information

Support & training:

The owner will supply support during handover.

Inventory / Stock value:
R1,400,000