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Long Established Clothing Wholesale Business In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R2,100,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This well-known Clothing Wholesale Business has been established for over 20 years.
It boasts a loyal client base of mostly resellers (retail businesses, school shops, printers/embroiderers, promotions agents) and corporates.
The business has 4 well trained and experienced staff and operates out of a leased warehouse that is centrally located with access to all main arteries into Cape Town.
The business offers an attractive tax advantage to the right buyer.
There is significant opportunity to expand the business both geographically and through product range as well as through the existing online website.
The owner has other business interests that require his attention and is looking to sell as soon as possible.
Selling price – R2.1mil to R3.6mil (including stock).
Furniture, fixtures and fittings are included in the selling price.

Property Information

Real Estate:

Lease

Lease Terms:

23 months remaining with option to renew.

Leasehold Rent:

R168,000 per annum

Location:

Centrally located with access to all main arteries into Cape Town.

Premises Details:

Leased Warehouse

Size in square feet:
176sqm

Business Operation

Expansion Potential:

Expansion potential both geographically and product set as well as online.

Competition / Market:

Business has established niche of core products with loyal customer base in competitive market.

Reasons for selling:

Owner has other business interests

Trading hours:

Mondat to Friday,08h00 to 17h00

Employees:
4
Years established:
24

Other Information

Support & training:

Full handover by owner

Furniture / Fixtures value:
R200,000 - included in the asking price
Inventory / Stock value:
R1,500,000
Relocatable:
This business can be relocated.

Contact Information

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