Business For Sale

Spar Super Market Long Established For Sale

Spar Super Market Opportunity For Sale.

Situated at Randburg Suburb, this Spar franchise supermarket stands as a beacon of retail excellence and convenience. Established in 1998, this supermarket is part of a recognized franchise, ensuring a trusted brand name and a loyal customer base. It offers an expansive shopping space and an exhaustive range of products, catering to the diverse needs of its patrons.

Business Overview:

  • A Decade of Success: With its establishment in 1998, this supermarket boasts over a decade of serving the community and building its brand.
  •  Turnover: The monthly turnover of R 6,000,000 is a testament to its dominance in the retail market.
  • Strong Employee Base: The dedicated team of 41 employees ensures that the store runs efficiently and provides exceptional customer service.
  • Franchise Benefits: Being part of a well-known franchise, the new owner will inherit the benefits of a renowned brand name, support, and training.

Profitability and Financial Insights:

  • Value in Assets: Movable assets valued at R 3,000,000 have been meticulously maintained to ensure seamless operations.
  • Impressive Stock Value: The store’s inventory is valued at R 3,000,000, showcasing its commitment to offering a wide variety of products.
  • Detailed Financials: While net profit and payroll expenses are labeled as POA (Price on Application), the given numbers reflect a profitable venture.

Premises and Location:

  • Prime Location: Situated in Randburg suburb, the store benefits from high footfall and the affluent neighborhood.
  • Extensive Shopping Space: With a sprawling 2000 m^2 space, shoppers have ample room to navigate and shop at ease.
  • Flexible Lease Terms: A long-term lease option, ranging from 10 to 20 years, assures the new owner of stability and longevity in the business.

With its brand recognition, established customer base, and prime location, this Spar franchise supermarket in Randburg offers a lucrative opportunity for investors looking for a stable and profitable venture. Given the reputation and the scale of operations, this is a golden chance to own and operate a retail behemoth in one of the most sought-after areas in the region. Don’t let this chance slip away! Dive into the world of retail and reap the benefits of a successful enterprise.

R 12,000,000
Reason for Selling: Health & Financial reason
Year Established: 1998
Number of Employees: 41
Monthly Turnover: R 6,000,000
Monthly Net Profit: R POA
Monthly Payroll Expense: R POA
Movable Assets Value: R 3,000,000
Stock Value: R 3,000,000
Owner Operated Business: Yes
This is a Frenchise Business: Yes
Property Included in The Sale: No
Seller Will Assist / Train buyer: Yes
Business is Profitable: Yes
Size: 2000 m 2
Lease Term: Negotiable
Monthly Rental: R 230,000

Contact Us

If you are interested  in this business please contact us to schedule a meeting with a business broker. 

Email: [email protected]

Spar Super Market Long Established For Sale