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Fully Stocked Surf Shop In Umkomaas For Sale

umkomaas, KwaZulu - Natal, South Africa
Asking Price:
R570,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
Not applicable

This Surf Shop is situated in central Umkomaas on the KZN South Coast. Umkomaas proudly hosts one of the biggest tourist attractions, The Aliwal Shoal. Aliwal Shoal is a rocky reef which is the remains of an ancient sand dune approximately 5 kilometres off the coast of Umkomaas . There are two wrecks near the reef that are popular dive sites. This makes an attractive holiday destination that boasts 5 star guest houses and world-renowned dive centres. The up and coming retirement village with 1000+ units is added foot traffic throughout town.

The Shop is perfectly placed in a well established centre (Aliwal Centre). The centre is made up of a bridal boutique, a luxury spa, video store, veterinary clinic, accountants office and a very well known curry den that is CT Takeaway.

It is 54 square meters with an undercover awing. The shop includes all stock, IP camera system, all shop fittings and fixtures, and alarm system with armed response (Gladiator).

We are stocked with a variety of clothing, accessories, home deco, swimwear, curios, ocean themed deco and jewelry, shark teeth, slops for adults and kiddies, sunglasses, Ripcurl and Nixon watches. We have accounts held with major surf brands such as Ripcurl, Fox, Volcom, O'neil, Island Style, Hurley, Quicksilver, Lizard, Lizzy and many more.

It also has access to Fox & Shift MX and MTB stock sheets if new buyer would like to add to the shop.
A great money making addition to the shop is the gaming section. The gaming section generates money all year around with many loyal and regular customers. We offer services such as buffing disks along with buying/selling and trading. Currently stocked is Ps1/2/3/4/5, PsP, xbox one, xbox360, nintendo wii/ds games, accessories and consoles.
Gaming stock is valued at R176000-00. (Stock take just done)
We have been successfully running for 10 years, building a large clientele with a lot of local and international support. Shop has a website and online shop that is already built and just needs to be activated.
Buying an established business means immediate cash flow. With this purchase you will acquire existing customers, contacts, goodwill, suppliers and stock. This significantly reduces startup time. All you need to do is build off the momentum that's already established by us.
It holds stock worth R580 000 (excluding gaming stock). We have an updated stock take of the shop as well as financials and invoices. Total inclusive price for shop and gaming section is R570000. If you wish to purchase without the gaming section, the total will be R520000. Rental will be discussed when contacted.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 years renewable

Leasehold Rent:

R4,500 per annum

Living Accommodation:

N/A

Location:

Shop is perfectly placed in a well established centre (Aliwal Centre). The centre is made up of a bridal boutique, a luxury spa, video store, veterinary clinic, accountants office and a very well known curry den that is CT Takeaway.

Premises Details:

It is 54 square meters with an undercover awing. The shop includes all stock, IP camera system, all shop fittings and fixtures, and alarm system with armed response (Gladiator).

Size in square feet:
54
Planning Consent:

N/A

Business Operation

Expansion Potential:

Online shop, mx and mtb equipment could be added

Competition / Market:

N/A

Reasons for selling:

Immigration

Trading hours:

9 to 5

Employees:
1
Years established:
10

Other Information

Support & training:

available

Financing available:

N/A

Furniture / Fixtures value:
R150,000 - included in the asking price
Inventory / Stock value:
R756,000 - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.

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