Well-Established Very Profitable Liquor Outlet
About this business for saleWell-Established Very Profitable Liquor Outlet
This is an exciting opportunity to live in this very popular Eastern Cape Coastal town and to own a business that was established 44 years ago.
It is very profitable and continues to show year-on-year growth with an excellent future.
The business is very well supported by the locals and local business with bumper sales during the holiday seasons.
The owner wants to sell and focus on his other business interests. This creates an ideal opportunity for an owner who wants to be involved in the day to day operations and to grow the business further.
The owner also owns the property and an option to buy or a lease will be made available for 3 years with an option to renew for the same period.
The asking price for the business is R5,000,000 (excluding VAT and Stock).
The business has an annual net profit (EBPIDT) of approximately R2,241,273 and offers a return on investment of 45% and/or a monthly payback of approximately 27 months.
For more information on this great opportunity, please contact the Listing Broker –
Neville Loader (071 327 5916)