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Sports Business In Port Elizabeth For Sale

Port Elizabeth, Eastern Cape, South Africa
Asking Price:
R2,500,000 Furniture / Fixtures included
Sales Revenue:
R6,000,000
Cash Flow:
R500K - R1.5M

A very well established business trading for 38 years.
The business has a very good reputation of keeping a good supply of stock.

Staff have longevity and knowledge about the business for more than 20 years..
Stockists for all schools and clubs for soccer, rugby, hockey, tennis and squash.
All equipment needed for all school sports.
Do own printing for school and club logos – Heat Press
Computerized purchase system
CCTV cameras 16
BRANDS: PUMA SA, NU BALANCE SA, ASICS, MERRELLS, HITECH, POWER

Price not including stock holding of R6 000 000

Property Information

Real Estate:

Lease

Lease Terms:

Building owned by the seller.

Leasehold Rent:

R496800 per annum

Location:

Prime high street location. Very busy intersection.

Premises Details:

Cape Road, Cnr 3rd Avenue, Newton Park, Port Elizabeth

Size in square feet:
378 square meters
Planning Consent:

Not applicable

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Seller retiring but all staff with years of experience able to stay.

Trading hours:

9am - 5pm Monday to Friday
9am - 1pm Saturday
Closed Sunday

Employees:
6
Years established:
1986

Other Information

Inventory / Stock value:
R6,000,000