BUSINESS DESCRIPTION
The business was started in 2000 by the present owner. The business has a normal retail outlet and operates in the industrial and residential area with a potential client pool of +/- 80,000 people.
The business is in a busy street for normal retail customers and comprises retail and wholesale outlets. The business supplies bottle stores, taverns and restaurants. It serves the requirements of the typical retail consumer but also attracts many company business owners.
Monthly turnover is R4,603,679
Plant & Equipment R 400,000
Furniture & Fittings R 100,000
Motor Vehicle R 1,800,000
Stock R3,000,000
Owner has other business interest.
Lease expires in Dec 2015 and the escalation is 10% per annum.
There is room for expansion in other areas. They are delivering in Barberton, Steelpoort and other places in Mpumalanga.