Profitable, Independent and Long Established Bottle Store For Sale.
.
Business Description:
SORRY FOLKS,
THIS ONE IS NOW SOLD
If you are looking to buy od sell a business then please dont hesitate to contact:
grant@mnbrokers.co.za
Annual Turnover:
+-R2 327 031 (Mar 2023 to Feb 2024 – Forecasted)
Current Average Monthly Turnover:
R230 681 (7 x months Mar 2023 to Sept 2023)
Net Profit:
+-R137 104 (Mar 2023 to Feb 2024 – Forecasted)
Operating Net Margin:
Current Average Monthly Net Profit:
+-R10 367 (7 x months Mar 2023 to Sept 2023)
ROI:
+-19%
Asset Value:
+-R200 000 (All equipment, shop fittings are included in the asking price).
Stock On Hand Value:
+- R196 000 (Included in the asking price.)
Liquor License:
Yes (Annual, renewable, and transferable)
Business Registration:
PTY (Ltd)
Rent per month:
R10 180 per month
Vat registered:
No
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding of the current client base, a delivery service and / or the expanding of the business into other areas of Port Elizabeth and addition of new products such as Biltong, Droewors and Branded Braai accessories
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:
Independent (Non Franchised) Bottle Store
Asking Price:
R700 000
PROVINCE:
Eastern Cape
CITY:
Port Elizabeth (Upmarket Residential Area)
Premises:
Leased (Landlord approval will be required)
Trading Hours:
Mon to Friday: 09h00 – 20h00 Sat: 09h00 – 20h00 Sun: 09h00 – 14h00
Staff Compliment:
3 (2 x permanent and 1 x casual employees)
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 person / entrepreneur who is looking for a well run enterprise and who has some knowledge of operating in the Liquor market.
Full training and support will be provided by the Seller to the new owner.
Reason for selling:
Other business Commitments and Unforseen Family Matters