Exceptional liquor store in the heart of the Cape Winelands.

Exceptional liquor store in the heart of the Cape Winelands.

Introduction:

• The owner of this liquor store is an extraordinary entrepreneur and took this liquor store and turned it into a very profitable business with a dedicated client base which is very important in this wine area renowned for excellent wine farms.
• The liquor store started in 2010 and is renowned in the town and adjacent towns as having exceptional service, also due to the fact that this store delivers liquor to adjacent towns weekly.
• Clever marketing is used to advertise specials in the liquor store coinciding with the season i.e. Easter/Xmas etc.
• These specials are very competitive regarding the prices offered and very well supported by the local community.
• Private liquor stores must be competitive to national supermarkets who advertise liquor at very low prices- but this specific liquor store present liquor prices in line with the national supermarkets.
• The reason for selling is that the owner wants to pursue other business opportunities- but the staff in the liquor store are all well trained and assist clients very professionally.

Finances:

• Annual turnover- R42,284,885
• GP- R4,041,073-  9,58%
• NP (EBITDA)- R1,95 million – 4,6%

Selling price:

• R6.9 million excluding stock (stock is +/- R2 million)
• This gives you a ROI of 26% which is a very good ROI in the liquor industry.