Distressed Business – Bottle Store for Sale – Port Elizabeth

Distressed Business - Bottle Store for Sale – Port Elizabeth
Asking Price: R4,000,000 (Highly Negotiable)
Stock on Hand: Approximately R2,000,000
Location: Port Elizabeth
Business Type: Wholesale & Retail Bottle Store
Target Market: Low LSM & Wholesale (Shebeens, Local Businesses, Community Market)
Overview
A rare opportunity exists to acquire a high-turnover bottle store in Port Elizabeth, currently part of a deceased estate. The business was previously owned and operated by the late husband of the current owner. Following his passing, the current owner has been unable to manage the business effectively and is therefore urgently looking to sell.
The store has a proven turnover of R52 million in 2024, increasing to R65 million in 2025, despite current operational and cash flow challenges. The business services both retail customers in the local area and wholesale clients, primarily Shebeens and small businesses.
This is a chance for a buyer to step in and restore supplier relationships, improve margins, and capitalize on an established, high-demand operation.
Key Features
• High Turnover: Annual sales exceeding R50 million, demonstrating strong market demand.
• Wholesale Focus: Supplies Shebeens and local businesses, alongside retail customers in the surrounding area.
• Strategic Location: Sidwell premises, with landlord open to a long-term lease.
• Stock Included: Approximately R2 million in inventory available for immediate trading.
• Growth Potential: Cash flow and supplier account issues present an opportunity for a buyer to rebuild profitability and operational efficiency quickly.
Challenges / Considerations
• Current cash flow issues due to the transition of management following the late owner’s passing.
• Lost major supplier accounts, affecting margins.
• Operational systems require attention and management expertise.
Why This Opportunity is Attractive
• The business is being sold as part of a deceased estate, allowing for a motivated and highly negotiable sale.
• Established customer base in a recession-resilient sector (liquor retail and wholesale).
• Immediate opportunity to increase profits by restoring supplier accounts and managing cash flow effectively.
• Strong foundation for growth in both retail and wholesale markets.
Ideal Buyer
• Entrepreneur or investor experienced in liquor retail/wholesale.
• Someone able to inject capital, restore supplier confidence, and manage operations efficiently.
• Buyer seeking a high-turnover business with room for turnaround and growth.