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Established Country Supermarket Part of Buying Group

R500,000Western Cape (WC - Cape Town Region)Listing: #GR00047

About this business for sale

Established Country Supermarket Part of Buying Group

This supermarket offers all normal grocery and retail items but also has a hot foods deli and a butchery department. It operates with moderate yet convenient trading hours. The business is run under management with little owner involvement.

The staff comprises of 9 well-trained permanent employees including the store manager.

A purchaser has the option to take this supermarket as a franchise which will incur a R4,000 franchise fee per month but will then benefit the purchaser tremendously from the discounts of the buying group, or the buyer can rename the supermarket if he/she so chooses and opt out of the group.

This country supermarket is part of a privately owned supermarket group that has been in operation for 34 years. This particular supermarket was established in 2012 and is located in a Southern Overberg town. The group is part of a buying group which enjoys excellent discounts on their wholesale purchases which allows for a very competitively priced product offering.

The asking price excludes VAT and stock of approximately R450,000.

Garden Route
Mobile Only
+27 82 653 0582

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.