Bottlestore for sale in Kimberly

Great opportunity to buy a well established Bottlestore with Drive Thru offering – only one in the area.
This 5 year old business has grown from day 1 and currently has a turnover of 7,5 million per annum. Anyone in the Industry will confirm that this is a GREAT business to have

Owner is selling due to relocation, however is willing to hand over for a full month

Based on the Financials, One can clearly see the Non recurring expenses which are not pertinent to running a Bottlestore and hence we have added some of these back to the bottom line to reflect closer to the True profits, Although based on the breakdown of Month expenses and VS turnover and GP, One could easily see that this business actually makes a profit of closer to R 500,000 annually.

NET PROFIT AS PER FINANCIALS 2022 R 129,716
ADD BACK DEPRECIATION R 102,309
ADD BACK NON RECURRING EXPENSES R 143,043
TRUE NET PROFIT = R 375,068
MULTIPLIED BY P/E/ OF 3 = R 1,125 MILLION