This leading Ladies Accessories, Clothing and gift Shop is very well located in a shopping centre in the Sandton area. The present owner has had this shop for the past 27 years and has a tried and tested manner in the way her staff run her shop, and spends most of her time doing the buying of stock and checking that her shop always has excellent window displays, and is constantly changing her products to keep up with changing trends. The shop is open 7 days a week, and because the owner has a proper computer POS System she is able to check the Daily Cash-ups in the shop remotely, and does not have to spend her days in the store. She does most of the buying in South Africa and a small amount from China, however lately has started buying quite a bit of stock from Turkey and flies over there once or twice a year. This is an excellent business, very well established in the area and also managed to survive the Covid Pandemic. Besides the passing trade in the centre, they still have many long standing regular clientele and keep them up to date with their latest stock by sending out bulk sms's.
A top class worthwhile opportunity indeed!!
- Asking Price:
- R1,000,000 Furniture / Fixtures included
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
Well located in a popular Shopping Centre in the Sandton area, with the likes of Woolworths, a Major National Supermarket, Food Outlets, Banks etc etc.
- Premises Details:
-
The store's stock is always well displayed, and although there are other clothing outlets in the centre, their stock is fairly unique and not easily availble in other ladies accessories and clothing stores.
Business Operation
- Reasons for selling:
-
After having been in the business for 27 years the Seller wishes to start a different business, and embark on a change of lifestyle.
- Trading hours:
-
The shop is open 9am to 6pm Monday to Friday; Saturdays 9am to 3pm and Sundays 9am to 2pm.
- Employees:
- The Shop is run by 2 Staff members, while the owner concentrates on the Buying of stock, and overall supervision of the business.
- Years established:
- This store has been open for the past 27 years, and still owned by the original owner.
Other Information
- Support & training:
-
The Seller will stay on for a period to be negotiated, to train the new owner in the way she runs the business now.
- Furniture / Fixtures value:
- R650,000 - included in the asking price
- Inventory / Stock value:
- R650,000
