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Art-Supply Business For Sale

Western Cape
Asking Price:
R7,150,000
Sales Revenue:
R15M - R100M
Cash Flow:
R1.5M - R3M

This is a rare opportunity in Cape Town, Western Cape, for an ambitious buyer to take on an established business and take it forward to the next phase of growth.

Currently the business stocks a range of art materials, craft supplies, children's art activities and much more.

The shop is very popular with the local residents and people also travel some distance to visit this shop. The business doesn't only cater to the artists, but also exist for getting students through architecture school.

A client can also shop online for thousands of products. Another option for customers is to visit the branch in Garden Route.

The owners realize that art and creativity play a large role for many people and want to provide them with tools to live their dreams.

The price excluding stock of +- R 6 000 000 and VAT.

Property information

Real Estate:

Lease

Lease Terms:

6 Year Lease

Business Operation

Reasons for selling:

Retirement of owner

Trading hours:

Monday to Friday 08:30 to 17:00 Saturday 08:30 to 13:00

Employees:
32
Years established:
1999

Other Information

Support & training:

The owner will stay on for a period of time to ensure a smooth handover

Inventory / Stock value:
R6,000,000

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