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The Iconic Garden World In Muldersdrift For Sale

Muldersdrift, Gauteng, South Africa
Asking Price:
R23,900,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R3M - R8M

Here is an opportunity to own and develop the iconic and well-known Garden World. Garden World is situated on 11.8 hectares of prime property in one of the fastest developing nodes on the West Rand. There are many exciting developments being planned for the area and here is your opportunity to get in at the ground floor.
Garden World currently has many thriving businesses operating from within its boundaries including but not limited to, Weddings, Conferences and Flower Shows, a very popular tea garden, a large plant nursery, as well as many other ancillary lifestyle businesses. There is also a large manor home that can be used for offices, a nursery school, a private school and numerous other possibilities.
Each year Garden World is visited by over 250,000 people attending the numerous functions that are on offer and/or available to the general public. This iconic and extremely popular venue is located on a very busy and major arterial which is soon to be upgraded to be a highway comprising 4 lanes (2 lanes in either direction). This upgrade to the road infrastructure will no doubt add to the number of visitors and indirectly increase the value of the property as well as the profitability of the many internal businesses. To accommodate the many visitors, the owners have built a parking area covering some 3 850 sq. meters and there is room to easily extend the parking area.
The owners would like to retire and are planning to relocate to the coast. They are asking R23.9 million for the property as well as the business and its assets/stock, etc. The sellers are open to all serious offers as they would like to sell Garden World as a going concern.

Property Information

Real Estate:

Real Property Included

Location:

Muldersdrift

Premises Details:

Multi-function venue

Size in square feet:
11.8 hectares
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Very little competetion in the area

Reasons for selling:

The owners are planning to retire to the coast

Trading hours:

09h00 to 17h00

Employees:
64 (35 permanent staff, 16 contract staff and 13 students on AGRI SETA training)
Years established:
1985

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R800,000 - included in the asking price
Inventory / Stock value:
R3,000,000

Contact SA Land

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