Johannesburg is South Africa’s business centre and it is the wealthiest province in the country. The city’s economic prosperity makes it a popular choice for prospective investors. For buyers who are looking for a business for sale, Pretoria is another viable location. Thriving industries in this region include steel, cement, real estate, transport, restaurants and consumer retail.
How to find a business for sale:
You can make the process of finding a profitable business for sale easier if you know what to look for. It is important to determine the reason for the sale and review the business’ latest financial statements. Before making a decision review the interim statements, bank statements as well as VAT returns. The help of experts such as lawyers and accountants is an essential part of the process as they will be able to provide an in-depth analysis of the business. When you are negotiating the buying price, consider factors such as the turnover, value of stock and assets. If the business relies on specialized technology you should check the condition of the equipment and the cost of repairs. Look at the lease agreement to see when it expires as the cost of moving premises or rent increases may affect the viability of the business. You will also need to ask whether the business has unfulfilled contracts or pending lawsuits.
Franchise opportunities in Pretoria and Johannesburg include chicken franchises situated in modern regional malls. The busy mall attracts potential customers with a variety of entertainment options and up market retail outlets. A Gift and Boutique business in Sinoville Centre is another potential investment for buyers. The advantage of this business is that it is situated near Pick n’ Pay which increases the amount of potential customers in the vicinity of the store. A small liquor shop is for sale in a popular shopping centre. The business has been operating since 2006 and was purchased by the current owners in 2013. Another option is a butchery in Pretoria North and the buying price includes assets such as fridges, scales and displays.
Find a good investment and business for sale on Junk Mail Classifieds.