Franchised supermarket and liquor store for sale in quaint town in the Western Cape.

Franchised supermarket and liquor store for sale in quaint town in the Western Cape.

Introduction:

• This supermarket and liquor store have been operational for the last 20 years and quite successfully ran by the owner.
• It has the support of the local community which is important in a small country town.
• The business is managed by the owner and 52 full time staff and 4 part time staff.
• The store has recently been revamped and thus has a total new look and feel and will contribute to an increase in the turnover for the future.
• The revamp was done during lock down in 2020 and since then the turnover has increased on a monthly basis.

Financials:

• Annual turnover R 61 million.
• Gross profit 16%.
• Annual NP (EBITDA) R.1,44 million.

Selling price:

• R 10,2 million plus stock of R 2,5 million.
• Note- franchised supermarkets usually sell for 2,2 times monthly sales- this selling price comes to 2 times monthly sales.
• The seller will thus get a ROI of 14%, which is higher than the average ROI buyers get on franchised supermarkets.