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Kwikspar Franchise Business In Northern Suburbs For Sale

Northern Suburbs, Western Cape
Asking Price:
R9,500,000
Sales Revenue:
R48,000,000
Cash Flow:
R1.5M - R3M

Kwikspar
Located in the northern suburbs well established turning R4million plus per month Net between 4% and 6% of turnover Price R 9,500,000 plus stock, for more details contact Peter

Property information

Real Estate:

Lease

Lease Terms:

12 years plus 5 year option

Leasehold Rent:

R1,200,000 per annum

Location:

Northern suburbs

Premises Details:

Leased

Size in square feet:
1000m2

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

Owner retiring

Trading hours:

7 to 9

Employees:
37 plus casuals
Years established:
10 Years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

As per franchise agreement.

Other Information

Support & training:

One month hand over

Furniture / Fixtures value:
R2,500,000
Inventory / Stock value:
R1,700,000

Contact Broker

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