Business for Sale

Super Spar one of the Best in South Africa for Sale

business for sale This business is voted one of the best spar super market in the south Africa, very well established, well stocked well manage , very clean operation, doing a diligence and verifying figures and numbers is the only way an investor will appreciate such a good investment , super spar for sale.

Business Details

Asked Price R 35,000,000
Location Johannesburg | Gauteng | North/West suburb
Business Type Super Markets
Reason for SellingOwner retiring
Year Established1979
Number of Employees 150
Monthly TurnoverR 11,500,000
Monthly Net Profit R 700,000
Monthly Payroll Expense R 2,800,000
Movable Assets Value R 6,000,000
Stock Value R 12,000,000
Owner Oporated Business Yes
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 2000 M2
Lease Term 10 Years
Monthly Rental R 280,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation