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Kzn Retailer And Wholesaler Fasteners Tools For Sale

KwaZulu - Natal, South Africa
Asking Price:
R3,200,000 Furniture / Fixtures included
Sales Revenue:
R15,000,000
Cash Flow:
R1,700,000

KZN retailer and wholesaler of fasteners and tools One Stores plus Three Franchisees.

Established 30 years.

Property Information

Real Estate:

Lease

Location:

Main store in KZN. In addition, there are three franchisees.

Premises Details:

The KZN lease is from a Family Trust and the Sellers would offer a fair lease going forward or alternatively the property could also be acquired.

Business Operation

Expansion Potential:

More franchises, bulk buying, importing.

Competition / Market:

There are competitors.

Reasons for selling:

The Owners wish a change of lifestyle and may also relocate.

Trading hours:

Monday to Friday 7h45 to 17h15 and Saturday 8h00 to 12h00.

Employees:
There are 12 staff, all with employment contracts.
Years established:
30

Other Information

Support & training:

The Seller will provide a suitable handover.

Financing available:

Seller finance is not available.

Furniture / Fixtures value:
R998,754 - included in the asking price
Inventory / Stock value:
R1,600,000
Relocatable:
This business can be relocated.

Contact Information

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