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A rare opportunity to purchase a 50 year old business in this thriving sector.
This extremely well known 350sqm operation is situated in the Cape Winelands east of Cape Town. There is always something happening in this busy and vibrant environment.
The business has been run by the current owner for the past 14 months and he unfortunately has to sell due to sudden serious ill health.
There is little competition in this area presenting a huge opportunity to grow the business further.
Selling price – R2.8mill (All In)
Stock, furniture, fixtures and fittings are included in the selling price.
Turnover – R600k pa
Stock Value – R1.9mill
Equipment Value – R460k
The owner’s health has necessitated a quick sale.
Lease
12 months remaining with option to renew.
R20,000 per annum
Busy Industrial Park
Large warehouse - Leased
Huge opportunity to expand
One other major competitor in the general area
Sudden serious ill health of owner
6 days a week
Full handover by owner + experienced staff
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