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Family Owned Craft Knitting And Accesories Store For Sale

PORT ELIZABETH, Eastern Cape, South Africa
Asking Price:
R3,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3M - R8M
Cash Flow:
R550,000

Family-Owned Knitting ,Craft & Accessories Store | Established 1974

An exciting opportunity to purchase a much-loved, long-standing business with nearly 50 years of history.

This charming retail shop specializes in:

  • - Knitting Yarns & Craft Items
  • - Haberdashery & Dress Trims
  • - Leather Handbags & Wallets
  • - Sterling Silver Jewellery

Located in a well-established area with loyal, multi-generational customers, this business has become a trusted local destination for quality, creativity, and service.

Key Features:

  • - Established in 1974 - strong reputation and community presence
  • - Family-run with a warm and personal customer approach
  • - Wide range of stock and long-standing supplier relationships
  • - Great potential to expand online or enhance social media presence
  • - Includes all fixtures, fittings, and extensive inventory
  • - Ideal for a passionate entrepreneur or family team

Serious enquiries only
To find out more or arrange a viewing, please contact: Evy Evlambiou

Property Information

Real Estate:

Lease

Lease Terms:

A lease is in place until October 2028

Location:

Newton Park,Port Elizabeth
Very busy shopping centre

Premises Details:

Leased premises

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Although some sales are done on line. Huge e-commerce potential

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 8.30 till 17.00
Saturday 8.30 - 13.00

Employees:
8
Years established:
1974

Other Information

Furniture / Fixtures value:
R800,000 - included in the asking price
Inventory / Stock value:
R3,620,000 - included in the asking price
Relocatable:
This business can be relocated