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Established Candy/Retail Store In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R730,000 Furniture / Fixtures included
Sales Revenue:
R1,500,000
Cash Flow:
R550,000

An opportunity exists to purchase a well-established and growing candy/retail store business in Hermanus that has been built up and operating successfully for close to 3 years.

Established 3 years ago, this established and centrally located business is situated in the heart of the beautiful and sought-after coastal town of Hermanus, part of the Overberg in the Western Cape.

This is an ideal opportunity to start a new life in Hermanus, the land-based whale viewing capital, or add to your existing business interests.

The business opened in June 2021 and is run by owners that are experienced in the hospitality industry. It is located in the Hermanus Waterfront Building in the centre of the Hermanus Business District. Through hard work and friendly service, and with a pricing structure geared towards servicing the local community, this business has grown over the years and has become a household name in Hermanus.

The business is operated as a company.

Hermanus is +/- 1.5 hours from the Cape Town Airport, 60 minutes from Somerset West, and only 20 minutes from Stanford. Hermanus has earned a reputation as the best land-based whale-watching destination in Africa, if not the world. Hermanus is also known for its gourmet restaurants, world-famous Hemel and Aarde Wine Farms, impressive selection of boutique shops, and art galleries.

Products and services offered:
Sweets and chocolates
Soft drinks, water and energy drinks
Candy floss, slush puppies, popcorn, chips and soft-serve ice cream
Gift bags and lucky Packets
Pies and home-baked biscuits
Jewelry and soft toys for children
Equipment rental

Property Information

Real Estate:

Lease

Leasehold Rent:

R175,000 per annum

Location:

Prime location in Hermanus at the Waterfront

Size in square feet:
22

Business Operation

Expansion Potential:

Increased focus on functions and equipment rental.

Reasons for selling:

Owners want to travel and spend more time with family

Trading hours:

7 days a week 9h00 to 18h00 Monday to Saturday and 10h00 to 18h00 on Sunday

Employees:
3 - 4 contract employees
Years established:
+- 3 years

Other Information

Support & training:

Owner is available for 1 week for support and training

Furniture / Fixtures value:
R120,000 - included in the asking price
Relocatable:
This business can be relocated.