About this Business:
The business sells fishing equipment, bait and related items, to an established client base of local fishermen and holiday makers. Well positioned on a main street, with lots of passing traffic. Very well stocked. (value approx. R1.1M.)
History: Current owner trading since 2008.
Staff: The business is run by the owner couple.
Scalability & Opportunity:
Rare opportunity to purchase a long established and profitable business.
Figures: Revenue just below R2m pa.
Assets: All equipment and shop fittings to the value of R260k, included.
Reason for Selling: The owner is retiring.
Selling Price: R999 K for the business, plus the value of stock as at date of purchase, approx. R1.1M.
ROI: 48%.
