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Price Drop Fully Stocked Surf Shop With Website For Sale

umkomaas, KwaZulu - Natal, South Africa
Asking Price:
R380,000 Furniture / Fixtures included
Sales Revenue:
R500K - R1.5M
Cash Flow:
Not applicable

This Surf Shop is situated in central Umkomaas on the KZN South Coast. Umkomaas proudly hosts one of the biggest tourist attractions, The Aliwal Shoal. Aliwal Shoal is a rocky reef which is the remains of an ancient sand dune approximately 5 kilometres off the coast of Umkomaas . There are two wrecks near the reef that are popular dive sites. This makes an attractive holiday destination that boasts 5 star guest houses and world-renowned dive centres. The up and coming retirement village with 1000+ units is added foot traffic throughout town.

The Shop is perfectly placed in a well established centre (Aliwal Centre). The centre is made up of a bridal boutique, a luxury spa, video store, veterinary clinic, accountants office and a very well known curry den that is CT Takeaway.

It is 54 square meters with an undercover awing. The shop includes all stock, website with online shop, IP camera system, all shop fittings and fixtures, and alarm system with armed response (Gladiator).

We are stocked with a variety of clothing, accessories, home deco, swimwear, curios, ocean themed deco and jewelry, shark teeth, slops for adults and kiddies, sunglasses, Ripcurl and Nixon watches. We have accounts held with major surf brands such as Ripcurl, Fox, Volcom, O'neil, Island Style, Hurley, Quicksilver, Lizard, Lizzy and many more.

Additional things you can add
I got access to Motocross, Bmx, Cycling via my accounts with Fox/Shift and Lizzard.
Scuba Diving equipment, none of the local dive centers sell scuba equipment. Some just rent the basics. We have ScubaCo, a dive center/accommodation behind our shop.
Free diving also seems to be growing in our town.
Or even adding a deck in front under the awning an option to explore

A great money making addition to the shop is the gaming section. The gaming section generates money all year around with many loyal and regular customers. We offer services such as buffing disks along with buying/selling and trading. Currently stocked is Ps1/2/3/4/5, PsP, xbox one, xbox360, nintendo wii/ds games.

We have been successfully running for 10 years, building a large clientele with a lot of local and international support. Shop has a website with online shop that is already built and just needs to be activated.
Buying an established business means immediate cash flow. With this purchase you will acquire existing customers, contacts, goodwill, suppliers and stock. This significantly reduces startup time. All you need to do is build off the momentum that's already established by us.

High Rocks holds stock worth R551 834,15 ( excluding gaming section ).
Total stock value R636 563.13 (inc gaming stock)

We have an updated stock take of the shop as well as financials and invoices. Total inclusive price for shop and gaming section is R380 000. If you wish to purchase without the gaming section, the total will be R350000.

Also as a insensitive we will also be giving the buyer 6 months FREE RENT which include utilities and uncapped Lte wifi thereafter rent will be R4500 including utilities & wifi.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 years renewable

Leasehold Rent:

R4,500 per annum

Living Accommodation:

Flats can be rented or purchased on the same property

Location:

Shop is perfectly placed in a well established centre (Aliwal Centre) on Reynolds street, Umkomaas . The centre is made up of a bridal boutique, a luxury spa, video store, veterinary clinic, accountants office and a very well known curry den that is CT Takeaway.

Premises Details:

It is 54 square meters with an undercover awing. The shop includes all stock, IP camera system, all shop fittings and fixtures, and alarm system with armed response (Gladiator).

Size in square feet:
54
Planning Consent:

N/A

Business Operation

Expansion Potential:

Additional things you can add
I got access to Motocross, Bmx, Cycling via my accounts with Fox/Shift and Lizzard.
Scuba Diving equipment, none of the local dive centers sell scuba equipment. Some just rent the basics. We have ScubaCo, a dive center/accommodation behind our shop.
Free diving also seems to be growing in our town.
Or even adding a deck in front under the awning an option to explore

Competition / Market:

NO

Reasons for selling:

Immigration

Trading hours:

9 to 5

Employees:
1
Years established:
10

Other Information

Support & training:

We stay in the flats right next to the shop so we will be available anytime if you require any assistance also we will spend as much time with the buyer before and after the handover basically till you are comfortable

Financing available:

N/A

Furniture / Fixtures value:
R150,000 - included in the asking price
Inventory / Stock value:
R636,563
Website:
Login or register to view link
Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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