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Home Decor And Furniture Store Including Retail Premises For Sale

St Francis Bay, Eastern Cape, South Africa
Asking Price:
R8M - R15M
Sales Revenue:
R8,000,000
Cash Flow:
R1.5M - R3M

Passionate about retail or have an eye for styling and interiors?
A rare opportunity to buy a one-of-a-kind St Francis Bay retail business, specialising in retailing luxury furniture, homewares, and unique clothing. This retailer ticks a LOT of boxes; profitable, well-known in the area and unique high-quality products.

The business is being sold with the premises but a business only sale will be considered. The premises is in a prime position and has a fantastic fit out. Upon viewing the business you will get insight into how this business has built up a loyal base of customers and a good reputation.
The business has been established for many years and has all procedures, systems, suppliers, staff and more already in place. The seller is committed to a handover period, allowing the buyer to gain all the confidence they need to continue the success of this business. The loyal staff have been well trained by the owner.

St Francis Bay area is seeing a construction boom with many new homes currently being built. On the St Francis Links estate 40 homes are currently under construction, with an additional 34 villas to be constructed soon. The Grand Comoros Retirement Village is due to strike ground soon and this development will comprise of 131 units. This would be a great opportunity to furnish and decorate these homes and at the same time establish new customers.

Are you ready to have the flexibility of being your own boss in an environment you are passionate about? Get in touch to obtain more information.

Business Highlights:
• Established business with many years of trading
• Profitable with solid financials
• Exceptional premises in prime location
• Top brand synonymous with quality and style in the luxury lifestyle market
• Excellent reputation
• High levels of repeat custom and referrals
• Strong supplier relations
• Can be run under management

Property Information

Real Estate:

Real Property Included

Location:

Prime retail location in the heart of St Francis Bay

Premises Details:

The store does not require the full building. Options available to lease part of the premises out to other traders.

Planning Consent:

Business and Commercial

Business Operation

Expansion Potential:

St Francis Bay area is seeing a construction boom with many new homes currently being built. On the St Francis Links estate 40 homes are currently under construction, with an additional 34 villas to be constructed soon. The Grand Comoros Retirement Village is due to strike ground soon and this development will comprise of 131 units. This would be a great opportunity to furnish and decorate these homes and at the same time establish new customers.

Competition / Market:

Any competition is 80km away in Port Elizabeth

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 8:30am - 5pm
Saturday: 9am - 2pm
Sunday: 9am - 1pm

Employees:
5 employees
Years established:
circa 20 years

Other Information

Support & training:

Handover training to be provided

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