Buying a Pick n Pay In Cape Town - thoughts
Jun 3rd 2014, 6:57 pm
#1
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Buying a Pick n Pay In Cape Town - thoughts
Hello good people, I am a british born man who has been living in the United States for over 10 years and is married to a South African woman. We are planning on moving to Cape Town and wanted to buy a Pick n Pay supermarket from the owner who is retiring. Any thoughts on if this is a good idea, especially in Cape Town?
Jun 5th 2014, 4:39 am
#2
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Re: Buying a Pick n Pay In Cape Town - thoughts
Hello good people, I am a british born man who has been living in the United States for over 10 years and is married to a South African woman. We are planning on moving to Cape Town and wanted to buy a Pick n Pay supermarket from the owner who is retiring. Any thoughts on if this is a good idea, especially in Cape Town?
It's a good idea if you have one in a good area, with high traffic and affluent customers. Some are not to be touched - lots of robberies and shoot-outs as they try and steal the cash when it is being collected. Let us know where it is and a Capetonian will give you their view on the area.
Jun 5th 2014, 5:25 pm
#3
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Re: Buying a Pick n Pay In Cape Town - thoughts
Good morning - welcome to BE.
It's a good idea if you have one in a good area, with high traffic and affluent customers. Some are not to be touched - lots of robberies and shoot-outs as they try and steal the cash when it is being collected. Let us know where it is and a Capetonian will give you their view on the area.
It's a good idea if you have one in a good area, with high traffic and affluent customers. Some are not to be touched - lots of robberies and shoot-outs as they try and steal the cash when it is being collected. Let us know where it is and a Capetonian will give you their view on the area.
thanks for the reply!
This is still preliminary at the moment but the threat of robberies is a major factor which will need to be taken into account. I have to sign a confidentiality agreement with a broker before they will divulge more information so at present I don't know where its located. Will let people on this forum know and will appreciate their feedback.
Jun 5th 2014, 5:46 pm
#4
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Re: Buying a Pick n Pay In Cape Town - thoughts
thanks for the reply!
This is still preliminary at the moment but the threat of robberies is a major factor which will need to be taken into account. I have to sign a confidentiality agreement with a broker before they will divulge more information so at present I don't know where its located. Will let people on this forum know and will appreciate their feedback.
This is still preliminary at the moment but the threat of robberies is a major factor which will need to be taken into account. I have to sign a confidentiality agreement with a broker before they will divulge more information so at present I don't know where its located. Will let people on this forum know and will appreciate their feedback.
Let us know when you know. Both Martynk and I work in security, so can give you some pointers.
Jun 7th 2014, 5:10 pm
#5
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Re: Buying a Pick n Pay In Cape Town - thoughts
Sure. Have a look here: http://www.crimestatssa.com/. The site is much easier to use than the SAPS one, and you can search using various criteria. Just make sure you identify the correct police precinct, they don't correspond with the municipal areas. Let us know if you want any advice.
Jun 24th 2014, 3:45 am
#6
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Re: Buying a Pick n Pay In Cape Town - thoughts
what area is the Pick N Pay?
We use to shop at Pick N pay Constantia Village. It was a little gold mine.
https://www.google.co.nz/maps/place/...fb4588!6m1!1e1
We use to shop at Pick N pay Constantia Village. It was a little gold mine.
https://www.google.co.nz/maps/place/...fb4588!6m1!1e1
Jun 24th 2014, 4:10 am
#7
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Joined: Apr 2007
Location: Home, I think.
Posts: 9,217
Re: Buying a Pick n Pay In Cape Town - thoughts
what area is the Pick N Pay?
We use to shop at Pick N pay Constantia Village. It was a little gold mine.
https://www.google.co.nz/maps/place/...fb4588!6m1!1e1
We use to shop at Pick N pay Constantia Village. It was a little gold mine.
https://www.google.co.nz/maps/place/...fb4588!6m1!1e1
Welcome back KB - thought you'd died of boredom over there...
Jun 24th 2014, 9:34 pm
#8
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Location: Wellington, New Zealand
Posts: 389
Re: Buying a Pick n Pay In Cape Town - thoughts
Sorry had to use that new smilie!!!
Yea I stick my head in here every now and again. Need to add some diversity to the forum. Boredom in NZ? yea right. Too many liberal socialists here to keep me very entertained.
