Private supermarket for sale: Northern Suburbs: Cape Town Metropolitan District.

Private supermarket for sale: Northern Suburbs: Cape Town Metropolitan District.

Introduction:

• The private supermarket sector in the Western Cape is growing rapidly due to a demand for affordable household products.
• This supermarket is conveniently situated for all clients to shop and easily accessible to the N1 leading to the main towns around the area.
• The shop provides in the needs of their dedicated customers and the shop is well stocked.
• The shop is well managed and the staff of 7 have been trained in all aspects of the supermarket.

Financials:

•  R.1,2 million turnover per month
• All expenses R.80,000 per month (including water/salaries/rent/electricity)
• NP (EBITDA) is R.120,000 per month.

Selling price:

• R 4 million plus stock of +/- R1,3 million, which gives you a ROI of 36% which is excellent.