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Profitable Hardware Store In Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R600,000 Furniture / Fixtures included
Sales Revenue:
R1,930,000
Cash Flow:
R383,000

Business has been operating for almost 60 years.
Selling general hardware supplies, glass cutting and key cutting.
The business is also registered with Treasury for state tenders (BEE level 4)
Located in a busy street in Pretoria West.

Great Opportunity to grow this business by advertising, expanding the product line, expanding customer base to contractors.

Annual Turnover: R1.93 million
Annual net profit: R383 000
Assets: R310 000
Stock value: Approx. R300 000
Selling Price: R600 000 + stock.
ROI: 63%

Reason for selling: Owner is involved in other business activities and can’t give his full attention to this business.

Property Information

Real Estate:

Lease

Leasehold Rent:

R293,000 per annum

Location:

Located in a Busy street with lots of passing traffic

Business Operation

Expansion Potential:

Many opportunities to grow turnover and profits - advertising, social media, increase product lines, target contractors...

Reasons for selling:

Owner wants to pursue his other business interests.

Trading hours:

Mon-Fri: 8 am - 5 pm.
Sat:8 am - 1 pm

Employees:
1
Years established:
60

Other Information

Support & training:

Training and Handover by owner.

Furniture / Fixtures value:
R310,000 - included in the asking price
Inventory / Stock value:
R300,000

Contact Information

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