Franchise supermarket for sale in Northern Suburbs, Cape Town.

Franchise supermarket for sale in Northern Suburbs, Cape Town.

Introduction:

• The owner of this supermarket is well known in the supermarket industry, and since taking over this business, has turned this around into a very viable business with huge opportunity to expand it more due to its ideal location in the always developing northern suburbs.
• It has strong ties with the local community due to the fact that the owners are present in the supermarket and continuously interact with the clients, thereby supplying items the clients need on a daily basis.
• The trained staff implement the same excellent client service, and therefore the store has recurring buyers.
• The assets of +/- R2,9 million is in excellent condition and the owner recently purchased new equipment as well.
• The franchise group is one of the most supportive groups in SA and the most well known through years of successful operations and consistently opening up new stores.
• The store also has a wine license which is excellent for this A/B income group.
• This is a turnkey operation- walk in and start making money!!

Financials:  

• Turnover R1,62 million/month
• GP              R420,000/month (26%)
• NP (EBITDA) R107,048/month (7%)

Selling price:

• R4,95 million excl stock giving you a ROI of 26% which is very high.