Business for Sale

Spar Excellent Price in Trendy Location(SOLD.SOLD.SOLD) for Sale

business for sale This outstanding business is situated in the hub of South Africa’s most busy area business and up market high income residential area in the northern suburb of JHB,Widely recognized franchised South African brand business, 7 days a week, this business for sale carry a consistent stock of approximately valued at R2000, 000.00, good profitable business with clean financial records, (which is very difficult to find in the market) Situated in a shopping centre, very good opportunity for new owner operator with lots of rooms to expand the business turnover, revenue and profit. Turnover has 8% growth year to year. This business in fully 100% manager run, with the general manager salary ALONE of R40, 000 a month, owner owns 4 other super spar. And wish to sell this business.

Business Details

Asked Price R 3,800,000
Location Johannesburg | Gauteng | Norther Suburb
Business Type Super Markets
Reason for SellingOwner relocating to cape town
Year Established2005
Number of Employees 57
Monthly TurnoverR 4,000,000
Monthly Net Profit R 47,000
Monthly Payroll Expense R 860,000
Movable Assets Value R 2,500,000
Stock Value R 2,000,000
Owner Oporated Business No
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 1200 M2
Lease Term 10 Years
Monthly Rental R 160,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation