In the heart of the bustling Midrand, there lies a business opportunity that has kept the local community in good spirits for over a decade. Established in 2010, this liquor store boasts not just an extensive range of beverages but also a reputation built on years of trust and consistent service. With the owner selling due to personal reasons, the door is now open for a new chapter in this establishment’s storied journey.
Business Overview:
- Proven Track Record: With its doors open since 2010, this liquor store’s longevity and reputation in the Midrand area are a testament to its successful business model and customer loyalty.
- Impressive Turnover: Achieving a monthly turnover of R 1,600,000, the store’s financial health and potential for further growth are evident.
- Dedicated Team: A team of 15 well-trained employees ensures smooth daily operations, a welcoming environment, and knowledgeable service for patrons.
- Guided Transition: The current owner, deeply invested in the store’s success, is committed to training and supporting the new owner, guaranteeing a seamless transition.
Business Specifics:
- Spacious Premises: Spanning a generous 380 m², the store’s layout is designed to optimize customer flow and display, enhancing the shopping experience.
- Stable Lease Agreement: With a 5-year lease term in place and a monthly rental of R 65,000, the new owner can anticipate stability and a reasonable overhead cost for such a prime location.
Owner Operated and Profitable:
- Personal Touch: The business benefits from an owner-operated model, ensuring quality service, and a personalized touch, factors that have endeared it to its customers over the years.
- Healthy Profit Margins: A consistent monthly net profit of R 120,000 showcases the store’s profitability, making it a lucrative venture for potential buyers.
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Stepping into this liquor store’s shoes means inheriting a legacy of excellence, customer trust, and profitability. For those with a vision and passion for retail, this Midrand-based store offers a unique opportunity to build upon a foundation of success and weave their own chapter into its storied history.
