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Stationary And Gift Shop For Sale In Wellington

Wellington, Western Cape, South Africa
Asking Price:
R499,000 Inventory / Stock included
Sales Revenue:
R1,031,605
Cash Flow:
R222,000

Business Performance
Average monthly sales
R 68,773
Average monthly profit
R 18,500
Net profit margin:
≈ 33%
This is very strong for a stationery retail shop.

Property Information

Real Estate:

Lease

Lease Terms:

5 Years.

Leasehold Rent:

R69,600 per annum

Location:

Very Good Location.
Next to University.
Busy Road.

Premises Details:

Next to University and other businesses.

Size in square feet:
85 sqm
Planning Consent:

With Lanlord.

Business Operation

Management type:
This business is employee owned (ESOP).
Expansion Potential:

Art Classes.
More Variety of stock.

Competition / Market:

In Town.

Reasons for selling:

Health of the owner.

Trading hours:

8 till 17 Hours Daily.
8 till Saturday.
Sundays Closed.

Employees:
1
Years established:
3 Years

Other Information

Support & training:

Manager knows Everything, and will stay.

Furniture / Fixtures value:
R100,000
Inventory / Stock value:
R60,000 - included in the asking price