Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 570001

Prime Liquor Store (Retail & Distribution) For Sale

West Rand, Gauteng, South Africa

R 5,250,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: R 1m to 5m

Cash Flow: R 1m to 5m

Business Description

Prime Liquor Retail & Distribution to Restaurants, Pubs, Taverns and Shebeens

Business Background:
Situated on the West Rand, the business was established in 1986, comprising of a long-standing customer base.
The customer base comprises of 60% route-to-market & 40% passing trade / retail.
- Route-to-Market: Distribution to restaurants (including well known restaurants), pubs, taverns and shebeens within a radius of up to 45 km
- Passing Trade: Conveniently situated 500m from West Rand's largest Taxi Rank, recently purchased by MTN and currently undergoing an upgrade to service Taxi Route / Network of entire Gauteng and Surrounding Provinces region. The passing trade turnover is expected to grow approx. 20%. Completion date is scheduled for February 2019 with Taxi services to resume in the same month.

Turnover & GP:
- Average Turnover, subject to peak and off peak season varies between R 2 million and R 5 million per month.
- GP is approx. 8% which excludes rebates and settlements

Asking price:
- R 5.25 million (negotiable)
- Price includes assets and stock (subject to re-evaluation at time of purchase)
- Liquor Licence and Distribution Licence included

Premises:
- Rental of premises R 40,000 per month, excluding water & electricity (premises approx. 900 sq metres which consists of separate Retail and Warehouse section)
- Option to purchase premises available at R 4 million negotiable.

Staffing detail:
- The business is complimented by:-
* 15 staff, and
* On-site manager

Assets included in sale:
- 2 x JMC 1.5 tonners
- 1 x JMC 2.5 tonner
- 1 x Mitsubishi forklift
- 1 x Hyundai H100 panel van
- 1 x Nissan 1400 delivery vehicle
- 4 x Point of Sales computers
- 3 x Back office computers
- Shelving
- Trolleys
- Walk in cold-room
- 2 x Double-door fridges

Business hours:
Mondays - Fridays 08h00 - 18h00
Saturdays 08h00 - 17h00
Sundays and public holidays 09h00 - 13h00

Property Details

Size:

900 sqm

Years Established:

Established in 1986

Property Type:

Real & Lease

Inventory Value:

R 2,000,000

Real Estate Value:

R 4,000,000

Other Details

Business Location:

Prime location for passing trade Main road facing

Premise Details:

Retail section and separate wholesale distribution warehouse Total premises is 900 sqm Rental at R 40,000 (negotiable) or option to purchase premises (R 4 million negotiable)

Competition:

Only 3 Distribution Liquor licenses awarded on the Westrand, 1 of which belongs to this business and the other 2 are not within 20km radius.

Expansion Potential:

Situated on the West Rand, the business was established in 1986, comprising of a long-standing customer base. The customer base comprises of 60% route-to-market & 40% passing trade / retail. - Route-to-Market: Distribution to restaurants (including well known restaurants), pubs, taverns and shebeens within a radius of up to 45 km - Passing Trade: Conveniently situated 500m from West Rand's largest Taxi Rank, recently purchased by MTN and currently undergoing an upgrade to service Taxi Route / Network of entire Gauteng and Surrounding Provinces region. The passing trade turnover is expected to grow approx. 20%. Completion date is scheduled for February 2019 with Taxi services to resume in the same month.

Living Accommodation?

Yes
5 Rooms situated behind building rented out. Additional income for business premises.

Operation Details

Employees:

15 staff and onsite manager

Trading Hours:

Mondays - Fridays 08h00 - 18h00 Saturdays 08h00 - 17h00 Sundays and public holidays 09h00 - 13h00

Miscellaneous

Reason For Selling:

Owner to retire

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy

BusinessForSale.com

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

MEMBER OF