Very Profitable Butchery East Rand CBD
About this business for saleVery Profitable Butchery East Rand CBD
This high volume butchery, situated in the busy CBD of an East Rand town about 20 km from Johannesburg CBD, has captured the CBD market. It is situated opposite a very well know food retailer, and customers buy their dry goods from the food retailer, and then come to them for their meat and vegetables. The butchery sells fruit and vegetables, cooldrinks and limited groceries.
The CBD is very busy and has a very large passing trade, using the services of like dry-cleaners etc that have been in the area for many years. The shop attracts clients as it is always fully stocked, neat and sells quality at discounted prices.
The shop is family run by two owners who take great pride in the their product offering. They are extremely hard-working, ensuring that one of the two is always there during their long operating hours. One takes responsibility for suppliers, pricing and purchasing from the markets, whilst the other manages the shop.
The shop is open from 07h00 to 19h00 every day except Sundays, when the owner have a lie-in and only open at 8! This is thus an opportunity for someone that have the same work ethic and hand-on approach, experience in meat and perishable retail, and is not a business that can be run from a distance.
The customer base is the passing trade and bulk sales to smaller butcheries in the surrounding townships. They are very busy over weekends and the holiday periods of Easter, New Year etc when sales rise substantially.
This very profitable business is an extremely good buy, with a return on investment of 62% and a payback period of 19 months.
Price excludes VAT but transaction can be zero rated depending on purchasers VAT status.
Please contact the listing broker for more information.
+27 81 783 8759
*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.