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Two Retail Shops 23 Years | Profitable For Sale

Cape Town - South Penisula, Western Cape, South Africa
Asking Price:
R3,400,000 Furniture / Fixtures included
Turnover:
R2,600,000
Net Profit:
R700,000

Established Two-Store Bead & Gift Business | 23 Years of Trading | Profitable

A rare opportunity to acquire an established and profitable two-store bead, craft and gift business with an exceptional 20-year trading history and a loyal customer following.

The business has been built over two decades and has developed a strong reputation, established supplier relationships and a recognised presence in its market.
It is a genuine turnkey operation with existing staff, systems, premises and infrastructure in place.

Key selling points:

  • Two established retail stores
  • Operating under the same successful business.
  • 20 years of trading history, giving the business significant goodwill and an established customer base.
  • Proven profitability, with a recent turnover of approximately R2.5 million and reported net profit of approximately R700,000.
  • Owner-independent operation. The current owner is not involved in the day-to-day running of the business and does not draw a salary, demonstrating that the business operates successfully through its existing team and systems.
  • Established customer following built over many years, providing repeat and loyal customers.
  • Importer infrastructure already in place, including importer registration/licensing and established customs/import codes.
  • Established international and local supplier relationships, providing a significant head start for a new owner wanting to continue and develop the importing side of the business.
  • Substantial stock holding, providing the purchaser with an immediately trading retail operation rather than having to build inventory from scratch.
  • Existing staff and operating systems in place.
  • Established premises and retail infrastructure, including fixtures, fittings and equipment.
  • Strong potential for further growth, particularly through e-commerce, social media, online sales, wholesale, expanding the importing operation and developing the existing customer database.
  • Multiple revenue opportunities in wholesale across beads, jewellery-making supplies, craft products, gifts and associated products.
  • A purchaser is acquiring an established operating business rather than starting from scratch.

The combination of two established stores, 20 years of goodwill, proven profitability, existing staff, supplier relationships, substantial stock and established importing infrastructure makes this an attractive turnkey opportunity for an owner-operator, investor or existing retailer looking to expand.

The business is being offered as a going concern.
The owner is selling due to wanting a new life. No other reason.

Property Information

Real Estate:

Lease

Lease Terms:

A new 3 year lease will be signed up on the commencement of sale

Location:

In a mall

Business Operation

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

Owner wants a new life

Trading hours:

Monday to Saturday 9 - 5.30
Sunday 9 - 2

Employees:
5
Years established:
23

Other Information

Support & training:

Full training in all areas

Relocatable:
This business can be relocated