021 552 1018

info@scsgroup.co.za

Price Range: From To

711 Convenience Store For Sale

R1,670,000

Business Description

A very clean and well run store located in main street in a busy commercial centre in
the heart of the West Coast. Plenty of parking on the main road adjacent to two
banks and a Shoprite Supermarket. The owner also owns the building and will negotiate
a suitable lease with the purchaser. There is a lot of industrial development in
the region and the turnover has increased by a steady 10% pa over the last few
years.

Business Details

  • Property ID: PER012
  • Price: R1,670,000
  • Turnover: R8.7mil
  • Actual Profit/Year: R715k
  • Turnover range: R8mil-R9mil
  • Profit range: R500k-R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The owner has health issues and wants to retire
  • Business history: Owned by the current owners since 1980. 6 years in the present building
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 250sqm
  • Rent & lease terms: R25 000 per month / Property owned by the current business owner
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R785 000 at cost. R200 000 at book value
  • Stock included in sale: No
  • Value of stock: R1.3mil
  • GENERAL COMPANY INFO:

  • Employees: 8 staff members
  • Trading hours: 7am—10pm
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape West Coast
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
    Facebook Twitter Linkedin

    Inquire about this business listing