BUSINESS DESCRIPTION
This listing represents a licensed, popular and well established Amanzimtoti bottle store ideally positioned in a shopping centre with a national supermarket chain anchor tennant. The Seller has owned the business for the past twenty-five years.
This is a walk-in, walk-out venture and an opportunity to own this successful business which produces average monthly profits (before interest and tax) of +/- R53k.
Assets (fixtures, fittings and equipment) are reckoned to be worth +/- R270k and all are in good condition and working order.
Listed at R1.98 million (excluding stock of R350k), this investment offers a 27% return and/or a 44 month payback. All financial information will be made available to serious Buyers.
The premises are also on the market to interested buyers and they incorporate a popular nightclub and gambling bar which is also listed for sale - refer listing # 12940.
Kindly contact the listing Broker for further information on this fantastic business opportunity.