Verified Listing
Posted on January 23, 2019 / 429
Price : R20,350,000
Listing Type : Property
Location : Limpopo
Ref. No : 2514
Year Established : 1984
No. of Employees : 21
Trading Hours : 8am - 6pm
Turnover : R754 451
Cost of Sales : R466 969
Expenses : R148 857
Net Profit : R138 625
Asset Value : R19 000 000
Erf Size : 6ha

The business is ideally suited to an investor that will fully utilize the potential of this opportunity, including property (owned by a Closed Corporation). The land is 7.4ha in size, it consists of 36 bedroom accommodation, supermarket, car wash, bottle store, butchery and a bakery, it is close the airport, university and industrial park in a rapidly growing area.

The property also has an entertainment / venue and restaurant that can accommodate up to 220 guests. There is space for further development to bring additional rental income into the business.

* Gorman Cloete – LP Polokwane