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Extremely Successful School Uniform And Sports Business For Sale

Johannesburg, Gauteng
Asking Price:
R15,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Excellent location, well established in a local shopping center on a busy main road, very well run with the same owner for 40 years.
- Steady predictable sales cycle with growing yearly revenue as more schools opening in the area.
- 20-40 year relationships established with suppliers with an impeccable credit rating.
- Very large customer base covering a potential 80+ schools within the vicinity.
- Excellent rental for 5 years due to being an anchor tenant.
- Founder selling to retire after 40 years of successful trading to the public.
- Please contact directly for further information.

Property information

Real Estate:

Lease

Lease Terms:

4.5 years leftover on lease

Leasehold Rent:

R480,000 per annum

Location:

Johannesburg, prime location on busy main road in local shopping center

Premises Details:

Corner shopping center with excellent pass and trade from main road, outer and indoor secure parking

Size in square feet:
680 Square Meters

Business Operation

Expansion Potential:

We cover all the main feeder schools near our store with a further 1300% potential business revenue growth from new schools opening our immediate vicinity.

Competition / Market:

3 Other school uniform competitors, 3 or more kilometers away

Reasons for selling:

Owner seeking retirement after 40 years of successful trading in the school uniform and sports industry.

Trading hours:

09:00 AM to 06:00 PM Monday to Friday
09:00 AM to 02:00 PM Saturdays
09:00 AM to 01:00 PM Sundays and most public holidays

Employees:
5
Years established:
39

Other Information

Support & training:

Full business ownership, selling and management training of the retail store done in house - (ie: full handover training for the prospective buyer enabling their full independence to run the business)

Furniture / Fixtures value:
R1,100,000 - included in the asking price
Inventory / Stock value:
R8,750,000 - included in the asking price
Relocatable:
This business can be relocated.

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