Verified Listing
Posted on September 20, 2018 / 124
Price : R2,100,000
Listing Type : Supermarket
Location : Durban
Ref. No : 2483
Year Established : 2009
No. of Employees : 13
Trading Hours : 06:30 - 19:00
Lease Term : Expires 2021
Turnover : R774 000
Cost of Sales : R558 000
Expenses : R152 000
Net Profit : R64 000
Asset Value : R70 000
Stock Value : R500 000

This is a small supermarket, member of a successful national franchise, located in a leafy suburb of Durban. Trade has been increasing steadily over the past 3 years boosted by the growing student resident population.

Asking price is R2.1m plus stock (around R500K). Owners have now reached retirement age.

* Abel Acuna – LP KZN North Coast