The Seller opened this quaint attractive business five years ago and the Turnovers have been growing nicely ever since, including managing to trade successfully through the Covid Pandemic. The business specialises in the sale of various local and imported Sweets and Nuts, as well as top class Biltong. The business is uncomplicated and simple to run, and the Seller is able to manage the shop on his own without any issues. The shop is attractively designed and laid out, and being owner run, he has no stock losses. Owing to minor health issues, as well as having reached retirement age, the seller wishes to sell the business. Even though the shop is making an average of R40k Net Profit per month, there is lots of opportunity to add more diverse but related products into the business and increase the sales. The Seller will help the new owner with the aforementioned, as well as how and where to buy stock, because at this point, seeing he has decided to sell, he does not want to change his current formula and way of doing things now.
In a nutshell, (excuse the pun), this is a lovely profitable easy to run business, well located in a major mall in the Fourways area, and just right for a new owner with new energy to purchase an already profitable shop, and with the right stock and a bit of creativity and marketing, a 'hands-on' Owner/Operator can grow the business very easily and take it to the next level. A lovely opportunity being sold at the fair market price of R650k, (negotiable), plus Stock of approximately R60k. An excellent price! Don't miss out!!!
- Asking Price:
- R650,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Well located in a major mall in the Fourways area, with a National Supermarket as its anchor store and quite a few other national outlets to boot, as well as a wide variety of coffee shops and restaurants, and a big children's play area.
Business Operation
- Reasons for selling:
-
The Owner wishes to retire.
- Trading hours:
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The shop is open Monday to Friday from 9am to 6pm; Saturdays from 8-30am to 5pm; and Sundays from 9am to 3pm.
- Employees:
- The Owner is able to run the business on his own.
- Years established:
- The business has been running for the past five years.
Other Information
- Support & training:
-
The owner will stay on for a period to be negotiated, in order to help make for a smooth transition from one owner to the next.
- Furniture / Fixtures value:
- R300,000 - included in the asking price
- Inventory / Stock value:
- R60,000
