Retail Outlet for Sale - Edenvale

Tuesday, 17 October 2023

Item details

City: Edenvale, Gauteng
Offer type: Sell
Price: R 1,500,000

Contacts

Contact name eddie louw
Phone 0766561108

Item description

Mall Convenience Store up for sale. Established successful owner run business selling Pies, Samoosas Cigarettes, Sweets Coldrinks and related convenience goods. This shop operates in a busy established mall with high volume passing trade.
The selling price is R 1, 500, 000 which includes R 400 000 worth of equipment, biltong equipment and other fittings and fixtures plus stock. The return payback period is approximately 16 months excluding the Fixed Assets component.
The average turnover is R 220 000 per month. The monthly rental is R 35 000. Stockholding approximately R 150, 000
The owner is selling for cash and will assist the buyer for one month. Turnover figures are supported by factual documentation.
Contact the agent for an appointment.

Excellent Opportunity: Convenience Store in a Thriving Mall for Sale!
Here's your chance to acquire a well-established and profitable owner-run convenience store located in a busy and established mall. This successful business specializes in selling a range of enticing products, including pies, samoosas, cigarettes, sweets, cold drinks, and other convenience goods. With a prime location, the store benefits from a high volume of passing trade.

The selling price for this opportunity is R 1,500,000, which includes R 400,000 worth of equipment, biltong equipment, fittings, and fixtures plus stock. The payback period for your investment is approximately 16 months, excluding the fixed assets component.

The store maintains an impressive average monthly turnover of R 220,000. The monthly rental cost amounts to R 35,000. The stockholding is estimated to be around R 150,000.

The owner is seeking a cash sale and is willing to provide one month of assistance to the buyer for a smooth transition. Rest assured, the turnover figures are supported by verifiable documentation.

Don't miss out on this enticing opportunity! Contact the agent today to arrange an appointment and explore the potential of this thriving convenience store in a bustling mall setting.