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Retail Business in Edenvale Gauteng

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Liquor Outlet In Edenvale For Sale

Location:Edenvale, Gauteng

Category:Retail

Asking Price:R2,500,000

2500000

  • Sales revenue : R4,800,000
  • Net profit : R653,700
  • Furniture/Fixtures value : R42,000
  • Inventory/Stock value : R200,000
  • Liquor Outlet In Edenvale For Sale
  • Liquor Outlet In Edenvale For Sale
  • Liquor Outlet In Edenvale For Sale
  • Liquor Outlet In Edenvale For Sale
  • Liquor Outlet In Edenvale For Sale

Business description

Well established, profitable, easy to run liquor outlet in great location in Edenvale.

Walk in trade averages 400 people per day, weekends up to 500/day

On line deliveries - Mr D, Uber eats & Order Food

(Mr D is no longer taking on bottle store listings, this is a big advantage for this store)

Liquor licence up to date - no waiting period. To apply for a new liquor license the current waiting period is between 18 and 24 months. Take over licence with no objections being lodged.

No franchise fees

Independently owned

Part of a buying group, backed by large brand for buying “power”

Low rental

Large office at the back, space to run a second business out of

Shop large enough to expand

Has registered internet domaine – online ordering (over above Mr D etc) can be setup

CCTV

Point of sale in place

Strong, loyal client base

Have been approved for installation of ATM machine which is a huge foot puller. Installation to take place in the next 4 weeks.

Installation of medical vending machine and cigarette vending machine to take place within the next few weeks.

Preferred supplier of corporate events over the festive season.

Top rated on google ads

Strong facebook / social media following.

Unique over the counter sales - no theft.

Other Information

  • Selling Assets: Yes
  • Is Business Relocatable?: Yes, if space is available. Although Liquor License may not apply if the business is relocated.
  • Is Business Home Based?: No
  • Franchise: NIL
  • Expansion: There is ample space in store for expansion. Large office for a possible second business opportunity Online ordering offers immense opportunity to grow the business
  • Years Established: 2017
  • Employees: 1 permanent, 1 weekend casual employee (owners are hands on and will need to be replaced)
  • Trading Hours: Monday - Saturday 9:30 - 20:00 Sunday 9:30 - 15:00
  • Support Training: Full training on systems in place will be offered on sale of the business
  • Reason For Selling: Owners (a couple) are emmigrating
  • Lease Terms: Lease is renewable. Buyer to sign new lease.
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