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Going Concern In Pre-Loved Furniture/Appliances In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R6,200,000
Sales Revenue:
R6,000,000
Cash Flow:
Available on request

Going concern in pre-loved furniture and appliances. Well-established business in Hermanus, trading in second-hand furniture, home appliances and crockery. There are 2 closed corporation business entities under the same umbrella and are being sold jointly as going concerns.

The larger of the entities trade predominantly in second-hand bargain furniture, home appliances and crockery, while the other trades more in up-market, higher-value furniture. The current owners have owned it for 5 years. The warehouses/showrooms are prominently placed, on the corner of two busy streets in Hermanus industrial area. It boasts street frontage of 46m for displays and ample parking and enjoys a significant number of walk-in clients searching for bargain and upmarket furniture. Both premises of 692 sqm and 480 sqm are secured via long-term leases. Both have up-to-date IQ management software and security systems.

Property Information

Real Estate:

Lease