Over the past few years, a take-away service has been introduced and has become quite popular. This service offers quick and convenient meals with a well-stocked and organized kitchen. The proximity of guesthouses and backpacker accommodations has contributed to its success.
The bottle store outlet, although small and located at the back of the store down some stairs, has intentionally been kept this way. It carries a limited selection of alcoholic beverages such as beers, wines, and spirits. The store regularly restocks its inventory through deliveries directly from SAB, South African Breweries. This limited selection has been well-received by the nearby hospitality establishments.
The superette, on the other hand, stocks around R50,000 worth of standard household items that have proven
to be popular among visitors to self-catering establishments and campgrounds in the area.
The current owners are looking to retire and sell the businesses as a walk-in, walk-out opportunity. They are willing to provide detailed financial information to interested buyers. The stores have an approximate monthly turnover of R150,000, with a net profit margin of around 28%. Due to its location, there are seasonal peaks in business during Easter, July, and Christmas when there is an influx of visitors and holidaymakers to the area.
The property is situated in the residential suburb of Pumula, where properties typically sell for R1.0m to R1.5m
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“RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa.”
UPPER HIGHWAY ESTATES CC trading as RE/MAX Toti (Amanzimtoti) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
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