For Sale: Thriving Surf Retail Business in a Beautiful Coastal Town – A Unique Opportunity!
Business Overview:
Established nearly 30 years ago, this renowned surf retail business is now on the market, presenting a fantastic opportunity for an enthusiastic new owner. Situated in a picturesque coastal town in the Western Cape, this business benefits from the growing popularity of the region, which is famously known for its stunning landscapes and incredible surf spots stretching all the way to the Garden Route.
Location:
This beautiful coastal town offers an idyllic lifestyle, just 1.5 hours from Cape Town Airport, and enjoys a thriving tourism scene. The area is celebrated for its breathtaking views, gourmet dining options, and access to some of the best land-based whale watching in the world. The town boasts a vibrant community with boutique shops, art galleries, and a rich surfing culture.
Business Highlights:
- Strong ROI: With a high-generating return on investment, this business represents an enticing opportunity for aspiring entrepreneurs.
- Prime Visibility: The shop is situated in a highly visible location with ample parking, ensuring a steady flow of foot traffic.
- Established Reputation: Owner-operated with deep community ties, this business has expanded successfully, relocating to new and larger premises around three years ago.
- Seasonal Stock Management: Stock levels vary seasonally, with peaks of approximately R 2.2 million during the December and school holiday season, and around R 1.6 million in winter months.
- Diverse Product Range: The store offers a wide selection of popular surf clothing, accessories, surfboards, and skateboards, catering to both locals and tourists alike.
- VAT Registered: The business operates as a Closed Corporation with one member and is fully VAT registered.
Reason for Sale:
The current owner, having dedicated decades to building this successful business, is now looking to retire and pass this incredible opportunity to someone who shares a passion for the surf lifestyle.
Financials:
- Current stock value as of February 2024 (at cost): R 1,667,166
Don't miss this remarkable chance to own a thriving business in one of the Western Cape's most desirable coastal regions! This surf retail business combines an excellent investment with a laid-back, coastal lifestyle.
Inquire Today!
For more information and to discuss this exciting opportunity, please contact us now! Embark on your journey to owning a dream business in a stunning coastal town.
Your future in surf retail awaits—seize the opportunity today!
(Asking Price Excludes VAT)
