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Established Musical Instrument Retail Store In Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R1,700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R100K - R500K

An exciting opportunity exists for someone to purchase this fully stocked music shop in Pretoria. An established business generating steady income that has been in the industry for over 20 years with tremendous potential. Currently operates from one location as well as online.

Price includes:
- Stock
- Furniture and Fittings
- Branding and Marketing

Property Information

Real Estate:

Lease

Lease Terms:

R7250 per month currently in 12 month contract ending Feb 2025 which can be renewed.

Location:

Small Shopping Centre in Residential Area

Premises Details:

+/- 120m2 space comprising of shop floor, retail counter, storeroom, private office, bathroom, kitchen

Size in square feet:
120

Business Operation

Expansion Potential:

Excellent expansion potential possible. Currently very little marketing is done. Social media and video content can dramatically boost sales.

Competition / Market:

Local competition is low making this an excellent opportunity for long term growth

Reasons for selling:

Current owner has other commitments and doesn't have the time to invest in the business.

Trading hours:

Mon-Fri 08h30 - 17h00
Sat 08h30 - 13h00

Employees:
1
Years established:
21

Other Information

Support & training:

Current owner will provide full handover. Temporary support can be negotiated.

Financing available:

No

Furniture / Fixtures value:
R100,000 - included in the asking price
Inventory / Stock value:
R1,000,000 - included in the asking price
Relocatable:
This business can be relocated.