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Established Retail Business Of Used Furniture In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R6,300,000
Sales Revenue:
R6,100,000
Cash Flow:
R1,750,000

An opportunity exists to purchase a well-established retail business of used furniture that was established in 1996 with great location in Hermanus and has been built up and operating successfully for 28 years.

Nestled in the captivating coastal town of Hermanus, set against the breathtaking backdrop of the Overberg region in Western Cape, lies a distinctive business opportunity awaiting the savvy entrepreneur.

Founded over two decades ago, Snuffels began as a small family-run business with a mission to make quality second-hand goods accessible to everyone. The name "Snuffels" is inspired by the Dutch word for "sniff around," capturing the joy of discovering hidden gems. Over the years, the business has grown into a beloved local institution, known for our friendly atmosphere and ever-changing inventory.

The Business has become a premier destination for unique and affordable finds in the heart of Hermanus Industrial Area over the years

Established with a passion for giving new life to pre-loved items, Snuffels has been a cornerstone of the community, providing a sustainable shopping option for locals and visitors alike.

Acquiring this well-established retail pre-owned furniture business in Hermanus offers more than just a business venture—it's an invitation to become part of a thriving community. Located strategically in the bustling business district, this business has established itself as a pre-owned furniture business, attracting a diverse clientele from local residents to international visitors.
Moreover, Hermanus is not just a place of business but a destination celebrated for its world-class whale watching, gourmet dining, esteemed wine estates, and thriving arts scene. Located just a short distance from Cape Town, yet worlds apart in terms of tranquility and natural beauty, Hermanus provides the perfect backdrop for blending lifestyle and entrepreneurial passion.

With a solid foundation in place, including a great location and a strong reputation for quality and service excellence, this acquisition promises ample opportunities for growth. Hermanus, renowned for its vibrant tourism and close-knit local community, provides an ideal market environment.

Specializing in the retail of preowned furniture, the business has earned acclaim for delivering top-notch products and service through a dedicated and personal team.
It is a business that buys and sells everything second-hand. The business offers a diverse array of unique and storied pre-loved goods for the home and garden, preowned furniture, interior design, décor, collectibles and exclusive items, and even a coffee bar.

Led by experienced owners, this turnkey opportunity not only promises a secure investment in a proven enterprise but also offers the chance to integrate seamlessly into Hermanus's vibrant community fabric. It's an opportunity that shouldn't be overlooked for anyone seeking a fresh start in a locale synonymous with natural beauty, warm hospitality, and a rich cultural tapestry.
At Snuffels, you'll find a diverse range of high-quality, second-hand products, including:

• Furniture: From vintage pieces to modern designs, the selection of furniture is perfect for furnishing a home with character and charm.
• Electronics: Explore an array of gadgets and appliances, all tested and ready to use.
• Books and Media: collection of books, CDs, DVDs, and more, offering endless entertainment options.
• Home Décor: beautiful décor items to add a personal touch to living spaces.
• Tools and Equipment, tools and equipment for every need
• Sporting Goods: exercise / gym equipment to tennis racquets and diving accessories

Every visit to Snuffels is a new adventure, with fresh stock arriving regularly. A dedicated team is always on hand to help customer find exactly what they are looking for.

The business is located in the thriving Hermanus Industrial Area, a prime and strategic location for growth and opportunity where businesses are flourishing in this dynamic hub. This location offers easy access to major highways and transport routes, facilitating seamless logistics and distribution. The Hermanus Industrial Area fosters collaboration and innovation, making it an ideal place for business development. From manufacturing to technology, the Hermanus Industrial Area is home to a diverse range of industries. This diversity creates a vibrant ecosystem that drives innovation and cross-industry partnerships.

Competitive rental rates and operational costs, the Hermanus Industrial Area provides a cost-effective alternative to CBD areas, allowing the business to maximize expenses and to invest in growth.

The business is operated as 2 Closed Corporations and the transaction entails the acquisition of the member’s interest.

Products and services offered:
• buy and sell everything second-hand
• unique & storied pre-loved goods for the home & garden
• furniture preowned
• interior design
• décor
• collectables
• exclusives
• coffee bar

Further info will be provided upon signing an NDA.

Property Information

Real Estate:

Lease

Leasehold Rent:

R840,000 per annum

Location:

The business is located in the thriving Hermanus Industrial Area, a prime and strategic location for growth and opportunity where businesses are flourishing in this dynamic hub. This location offers easy access to major highways and transport routes, facilitating seamless logistics and distribution. The Hermanus Industrial Area fosters collaboration and innovation, making it an ideal place for business development. From manufacturing to technology, the Hermanus Industrial Area is home to a diverse range of industries.

Premises Details:

3 Leased Properties: 692 sqm, 480 2qm and 255 sqm

Business Operation

Reasons for selling:

Owners starting full time studies

Trading hours:

8:00 to 17:00 Monday to Friday
8:00 to 13:00 Saturdays
Closed on Sundays

Employees:
11
Years established:
28

Other Information

Support & training:

Owners are available for 3 months

Furniture / Fixtures value:
R350,000
Inventory / Stock value:
R400,000
Relocatable:
This business can be relocated.