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Long Established Event Equipment Hire In Cape Winelands For Sale

Cape Winelands, Western Cape, South Africa
Asking Price:
R2,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Cash Flow:

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.

Property Information

Real Estate:


Lease Terms:

12 months remaining with option to renew.

Leasehold Rent:

R20,000 per annum


Busy Industrial Park

Premises Details:

Large warehouse - Leased

Size in square feet:

Business Operation

Expansion Potential:

Huge opportunity to expand

Competition / Market:

One other major competitor in the general area

Reasons for selling:

Sudden serious ill health of owner

Trading hours:

6 days a week

Years established:
50 years

Other Information

Support & training:

Full handover by owner + experienced staff

Furniture / Fixtures value:
R460,000 - included in the asking price
Inventory / Stock value:
R1,900,000 - included in the asking price
This business can be relocated.

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