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Supermarkets For Sale in Cape Town Western Cape

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Profitable Supermarket In Prime Location

Location:Cape Town, Western Cape

Category:Supermarket

Asking Price:R750,000

750000

  • Sales revenue : R220,000
  • Net profit : R45,000
  • Furniture/Fixtures value : R80,000
  • Inventory/Stock value : R250,000
  • Profitable Supermarket In Prime Location
  • Profitable Supermarket In Prime Location
  • Profitable Supermarket In Prime Location

Business description

This small well run supermarket is situated in the vibrant Sea Point area.

Very profitable operating at an average 45% mark-up due to late trading hours.

Low operating costs and in-store space rental income (ATM, Cellphone counter) makes this gem a bargain at R750k (Including Stock).

The average turnover is R220k pm and the average net profit is R45k pm.

Currently manager-run. A hands on owner would be able to increase turnover and profits.

The owner has two other businesses that require his full attention so this supermarket is priced to sell quickly.

 

Other Information

  • Years Established: 2017
  • Employees: 2
  • Trading Hours: 7 days a week 9am- midnite
  • Support Training: Seller to do full handover
  • Reason For Selling: Seller has 2 other Businesses and does not have the time to dedicate to this 1.
  • Lease Terms: Buyer to sign new lease
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