R 5 000 000 | business property for sale in scottsville

Property Description

An incredible opportunity is available for cash or pre-approved investors looking to start or add to their commercial property portfolio. NB - IN ORDER TO PROTECT THE SELLER'S PRIVACY, STOCK PHOTOS HAVE BEEN USED FOR THIS LISTING. This is being sold as a going concern - lock, stock and barrel. It also includes a retail store, meaning your revenue generation doesn't stop the moment lockdown levels restrict alcohol sales. The current owner is downscaling their portfolio and looking forward slowing down their day to day business activities. - Fully licensed. NLA pending. - Supplier arrangements and incentives will remain. - R1.5m in liquor stock, not including retail stock. - Transport vehicles included. - Operating on close to 800m2 of warehouse and shop space, currently leased with the potential to negotiate any length of contract - Located in PMB. Please do not message asking for exact locations, as this will ONLY be provided once an NDA has been signed. - Exceeded 2020 Financial Year Projections by well over R6m. Valued at over R7m and run as a full cash operation, meaning that you're buying a well-run business with zero debt and a well-established client base. FULL ASKING PRICE: R4,000,000 (excluding VAT, where applicable).


Property Details

Purchase Price R 5 000 000

Building Size800.00 m2

Type of PropertyBusiness

Land Size0.00 m2

Last Updated20 Sep 2023

Rooms

Bathrooms0.0

Property Location

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Private Seller

Brett Mantel

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