This well known franchise supermarket outlet is situated in a busy centre in this lovely coastal town. This is a convenience store which provides shoppers with everything from basic groceries, to divine baking, deli products, fresh produce etc.
The shop is fulfilling a large need in the community because the closest supermarket is more or less 5km away. The price of R 3 520 000 excludes stock of currently more or less R800 000 but will be higher during high season.
The price also excludes a R 500 000 security deposit with the franchise, R 40 000 rental deposit with the landlord and R 35 000 electricity deposit with the municipality.
Working capital of about R 1 000 000 is required to ensure sufficient cash flow is available to the run the business. Please note that any new owner will have to be approved by the franchise and that previous retail experience is preferable.
This shop is situated in the most beautiful part of the country and is part of a well established and popular franchise group – you get the best of both worlds!