A Profitable, Well Established Boutique Wine and Spirits Business for sale
Business Description:
SORRY FOLKS THIS ONE IS SOLD
If you are looking to BUY or SELL a business then please contact: grant@mnbrokers.co.za
Annual Turnover:
R528 000 (2024 Financials)
Operating Net Profit (EBITDA):
+-R 234 700 (2024)
ROI:
+-50%
Asset Value:
+-R150 000 (Included in the Asking Price).
Current Stock on hand:
+-R150 000 (Included in the Asking Price)
Rental and Utilities per year:
+-R 84 243 (2024 financials)
Vat registered:
Yes
Growth Potential:
The growth potential is quite spectacular and includes the opening of other stores in other regions / cities, franchising the business is most certainly a very viable option, the introduction of new product items and a larger venue to cater for bigger events.
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
Business Type
Boutique Wine and Spirits Shop / Business
Asking Price
R475 000
PROVINCE
CITY
Port Elizabeth
Premises:
Leased: 1 x years with option to renew (Landlord approval may be required)
Trading Hours:
Tue to Fri: 09h00 to 17h00 Saturday: 11h00 to 14h00 Sun & Mon: Closed
Staff Compliment:
1 x full time employee (Owner)
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking for an established and profitable business. Some knowledge of Wine and craft spirits will not be remis for the new owner
Full training and support will be provided by the seller to the new owner.
Reason for selling:
Other business commitments.