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Electronic/electrical Components And Parts Supplier In Goodwood For Sale

Goodwood, Western Cape, South Africa
Asking Price:
R1,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R1.5M - R3M

This is a well-established business centrally located in the northern suburbs of Cape Town, along a busy thoroughfare, and easily accessible for all customers. The business has an established track record, regular clientele, and showing decent profits.

The reason for selling is personal and will be explained to qualified buyers.

The business has been operating for some time and showing consistent growth and profits and is VAT registered.

The business supplies electronic components and appliance spares within the Cape Town area and surrounding areas, and also supplies outlying areas via a courier service.

The business also is the authorized spares agent for a number of brands.

Current stock value (at cost) is R775,000.00, Fixed Asset value is R145,000.00. (Total Asset value R920,000.00).

All questions and figures will be provided and discussed with a potential buyer.

Property Information

Real Estate:

Lease

Leasehold Rent:

R170,000 per annum

Location:

Secure fenced parking outside premises, alongside a busy thoroughfare

Premises Details:

150m retail store with storage for parts and accessories, with a client facing retail desk

Business Operation

Expansion Potential:

Can expand into electrical wholesale, conduit, insulation, switches, along with stocking additional appliance spares and parts, offer repair to electronic consumer equipment (Already a demand with queries). Further expansion into cellular accessories and repairs is also a viable option.

Reasons for selling:

Personal, will discuss thoroughly with purchaser

Trading hours:

Weekdays 8-5, Saturday 830-1pm

Employees:
3
Years established:
5+

Other Information

Support & training:

Will provide handover, introduction to suppliers, assistance with daily tasks, POS training and back end accounts, etc

Furniture / Fixtures value:
R145,000 - included in the asking price
Inventory / Stock value:
R750,000 - included in the asking price
Relocatable:
This business can be relocated.