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Hardware Supplies Store In Garden Route For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R1,675,000
Sales Revenue:
R3,007,270
Cash Flow:
R559,904

An extremely well-established hardware store has stood the test of time over 34 years, this Garden Route hardware store specializes in Service!

There are people who clearly recall the days of walking into a hardware store to be greeted with: " Can I help you?". This is one of those stores.

The staff are knowledgeable and will go the extra mile to ensure the client is happy. If the store does not have the item/s needed, they will do their utmost to source the item/s.

Highly visible with excellent signage, the business is well-positioned and has adequate parking.

With specific but limited owner involvement, the business is attractive to an investor who does not want to buy a job; someone who wants to earn a good return on their investment, and who would be comfortable in the tool and hardware industry. This could be your best ever day at the office, and of course, you would be in a beautiful town in the Garden Route.

There is a vibrancy in this business which is well supported by trade clients as well as the public.

The asking price is balanced and offers a generous return on investment. The price excludes stock of approximately R1,000,000 and Vat.

Property Information

Real Estate:

Lease

Lease Terms:

Contract expires Feb 2021.
Escalation of 10% annually.

Leasehold Rent:

R19,300 per annum

Business Operation

Reasons for selling:

Emigration.

Trading hours:

Mon - Fri: 07:30 - 17:00
Sat: 8:00 - 13:00
Sun: Closed

Employees:
4 staff members.
Years established:
34 years.

Other Information

Inventory / Stock value:
R1,000,000
Relocatable:
This business can be relocated.

Contact Information

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