How much do I need to open liquor store in South Africa?
The cheapest option is a convenience store with an estimated setup cost of R661 000, which, together with initial stock of R475 000, puts the total cash needed at R1. 1 million. A larger Overland retail store will with more stock costs around R2. 8 million.
How much does a liquor licence cost in South Africa?
Liquor licence costs
On-Consumption: R15000, 100% upfront payment required. Off-Consumption: R15000, 100% upfront payment required. Micro-manufacture: R15000, 100% upfront payment required.
How do I open a liquor license in South Africa?
How to apply for a liquor license in South Africa?
- Determine the type of liquor license you need. …
- Obtain the necessary documents. …
- Complete the application form. …
- Submit the application form and accompanying documents. …
- Wait for a decision. …
- Comply with ongoing requirements.
Is a liquor store profitable in South Africa?
A liquor store can be a highly profitable venture, especially if you go the franchise route in which the franchisor helps you through the entire set-up process. However, you may want to buy an existing liquor store. As part of the process of securing finance, you need a business development plan.
open liquor store
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