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Liquor Store
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Liquor Store

Overberg, Western Cape, South Africa
R920,000
Operating Business
History The owner started the business in June 2012 at the current premises. Current Business Information The Liquor Store is a well-known liquor store trading from the Main road. Its visible from the road with sufficient parking available. The owner runs the business in a Sole Proprietor. The business trades 7 days a week. Monday to Saturday 08:00 – 20:00 and Sundays from 08:00 – 13:00. The business is mostly supported by walk in trade with approximately 10% of turnover generated by businesses in the area, such as restaurants. The walk in clientele is mostly black and coloured men and about 20% white customers. The business is not very seasonal but there is a increase in sales in December, with Kleinmond being a seaside holiday destination. Product range is typical alcohol beverages sold in liquor stores. The shop is classified as a Zone B according to SAB. Terms with suppliers are mostly COD with 20% on 7 day terms. Assets Awaiting list of assets. Advertising & Marketing No advertising is done as the business is situated on the Main Road. Expansion possibilities New owner could extend business hours on a Sunday. The current owner does not do any rep work, new owner may consider seeing business clients and supplying them. Stock is not loaded on the system so the owner does not know what the actual shrinkage is. Operations Rental amounts to R8 200 per month, excluding VAT with an annual escalation of 8%. Current owner is the landlord. Personnel Shop is owner operated with the owner being the manager. The assistant manager earns R2 800 pm and the packer R1 500 – R2 000 per month. Reason for selling Owner is opening up a Guest House and he wants to dedicate his time towards that.
BA Brokers
BA Brokers
0 out of 5
Total Sales: 0 Total Listing: 8
View Vendor

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