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Established Surf/Sport Shop In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R2,500,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

A rare opportunity like this doesn't come around every day. An opportunity exists to purchase a well-established and well-known beach, surf, and sports shop that has been operating successfully for more than 30 years. The owner established this business 30+ years ago and has been operating within Hermanus ever since. This well-entrenched, well-known business with a prime location next to the main road is situated in the heart of the beautiful and sought-after coastal town of Hermanus in the Western Cape. This is an ideal opportunity to acquire a well-established business with a solid client base and to start a quality life in Hermanus, the land-based whale viewing capital. If you are a business-minded entrepreneur, this is an opportunity not to be missed!

Given the prime location of the business, it is highly visible with sufficient parking. The business is and has been owner-run, has expanded & grown over the years and moved to new and bigger premises +/- 2 years ago. Attracting tourists as well as locals alike, this business offers an exceptional variety of Surf, sports and clothing merchandise. The business provides a steady revenue stream through the year, with booming sales revenue during the holiday season December to January. This is a well-run business with a small staff component. The business is operating as a Closed Corporation. The selling price excludes stock.

Products and services for sale offered:
• huge variety of fashionable branded surf clothing and gear
• extensive men’s and ladies swimwear
• branded lifestyle accessories
• large selection of surfboards, bodyboards, wetsuits and all other related equipment
• a selection of diving equipment and wetsuits
• a choice of various skateboards and accessories
• daily and hourly rental of surfboards, bodyboards and wetsuits offered from the store
• bookings of a separate surf school run from the beach done through the store

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 it's gourmet restaurants, blue-flag beaches, world-famous Hemel and Aarde Wine Farms, impressive selection of boutique shops and art galleries.

Complete information is available upon signing the NDA.

Property Information

Real Estate:

Lease

Size in square feet:
89

Business Operation

Expansion Potential:

Many opportunities exist for expansion of the business

Reasons for selling:

Having run the business for 30+ years the owner would like to retire

Trading hours:

7 days a week
Monday to Friday : 9h00 to 17h00
Saturdays and Sunday's : 9h00 to 14:00

Employees:
2 to 4, besides the owners - seasonal
Years established:
30 +

Other Information

Support & training:

Owner will be available for full training and support - up to 6 months if required

Relocatable:
This business can be relocated.