Sectors / Category

Annual turnover

  • Mandate: 35366
  • Added: 14 Jun 2022
  • AFS
  • 1193

Grocer & bottle store, conveniently located

Windhoek & Central,
Mandate 35366
Added 14 Jun 2022
N$ 1,850,000* NAD
Stock: N$ 200,000
Assets: N$ 288,000
N$ 45,024 NAD
Ursula Gollwitzer
Aldes Namibia
Windhoek, Kleine Kuppe
Windhoek, Kleine Kuppe

Profitable, easy to operate grocer and bottle store allocated in a prime area.

Grocer & bottle store, conveniently located
N$ 1,850,000* NAD
Stock: N$200,000
Assets: N$288,000
N$ 45,024 NAD

Profitable, easy to operate grocer and bottle store allocated in a prime area.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
A privately owned grocer and bottle store offering a variety of household requirements.

How long has the business been established?
The business was established in 2018.

How does the business operate on a daily basis?
There are two cashiers / cleaners who open and close the business on a daily basis. The owner comes in once a day to take orders for new supplies and to collect the banking.

How are the clients attracted to the business?
There are no similar businesses located within a large km radius of this business. It is known in its community as the destination store, serving the local residents in nearby residential areas. Large signage has been installed outside the shop.

What Balance Sheet and Income Statements are available?
The latest February 2022 are available.

What is the total staff complement?
There are two cashiers / cleaners, who started working at the business from when it was established.

How involved is the Owner in running the business?
The owner goes into the business once a day to take produce orders and cash up.

When does the current lease end?
The current lease expires March 2023.

Is there an option of renewal & what period?
Yes, there is an option for renewal for the next 3 to 5 years and or an option to purchase the property.

Do you require a licence?
Yes, a liqour licence which will be transferred to the new owner.

What lease deposit and/or other surety is required?
There is a one month lease deposit required.

What are the main assets of the business?
The main assets of the business are the refrigerators and the shelving.

Profitable and the only retail and bottle store in a large km radius.

One can expand the product lines by providing a takeaway and catering option.

What is the reason for the sale?
The owner is scaling down and wants to retire.

Why is this a good business?
This is a profitable business and is suitably located.

What is the price plus stock and the profit?
The selling price is N$ 1,650,000.00 excluding an average stock holding of N$ 200,000.00 The annual net profit EBITDA is N$ 540,289.00.

Other listings by Ursula
N$ 1.45MNAD
Added : 15 Feb 2023 118
Yearly profit: N$472,731
Windhoek & Central
N$ 9.06MNAD
Added : 13 Sep 2022 445
Yearly profit: N$903,516
N$ 14.30MNAD
Added : 18 Aug 2022 707
Yearly profit: N$6,011,443
Windhoek & Central

Aldes Namibia

4 members
10 mandates
Windhoek , Kleine Kuppe
4th Floor 1@Steps C/O Grove and Chasie street , Kleine Kuppe , Windhoek

Our experienced cross industry brokers are
waiting to assist and guide you…