Verified Listing
Posted on March 3, 2021 / 574
Price : R2,500,000
Listing Type : Liquor Store
Location : Johannesburg
Ref. No : 2709
Year Established : 2019
No. of Employees : 10
Turnover : R 3 253 444 pm
Cost of Sales : R 3 125 666 pm
Expenses : R 96 730 pm
Net Profit : R 31 049 pm
Asset Value : R 100 000
Stock Value : R 500 000

A well-established non-franchise Liquor store wholesaler situated in South of Johannesburg is for sale with an opportunity for growth. The current owner has been operating this business since 2019 and managed to grow the business from making a loss to passing breakeven.

This liquor store is based in a shopping centre that has anchor tenants such as Shoprite, Cash Build hardware and currently there’s construction taking place as the centre is working on including new stores such as Chicken Licken and Roots butchery. This business has 10 well trained and reliable staff members.

Hours of Operation: Mon – Fri 9:00 to 17:00, Sat 9:00 to 16:00 and Sun 9:00 to 13:00

The business has performed much better during the 2020 Covid Pandemic compared to the year 2019 and it has potential for growth as the shopping centre will have an increase in foot traffic. This business generates an average monthly turnover of R3 253 444 with an average monthly net profit of R31 049 and average monthly rebates of +- R70 000 from suppliers.

Mfundo Nhlabati – Broker Head Office