A well established and highly specialised solar retail store offering a diverse range of solar-powered appliances, gadgets and practical energy solutions. The business stocks everything from solar cookers, to kettles, to a selection of lighting solutions from security lights to ceiling lights, to garden irrigation kits, solar fans as well as geysers, just to name a few.
This Unique retail outlet caters to the growing demand for reliable alternative energy solutions for everyday household use. Having been well located in the Northern suburbs of Johannesburg for the past 10 years, this store is known for always having the latest available appliances, and always being well stocked, as they import all their stock directly themselves. Approximately 60% of their Turnover comes from the internet on platforms such as Takealot The business is very cash generative, and still has a huge amount of room for growth and expansion. The owner intends emigrating, and therefore will also sell the property with the business, should a purchaser of the business wish to purchase both together.
A unique opportunity for a technically minded business person who, owing to the staff running the store, does not have to spend his days just minding a shop, but can concentrate on the purchasing of stock and the online business, as well.
All the aforementioned makes for a brilliant, 'not to be missed' opportunity, indeed!!!
- Asking Price:
- R2,000,000 Furniture / Fixtures included
- Sales Revenue:
- R10,000,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
Well located in the Northern suburbs of Johannesburg for the pat 10 years. The seller owns the property as well.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Because of the nature of the business, it has a large amount of opportunity for growth.
- Competition / Market:
-
There is no competition to this unique business in the area.
- Reasons for selling:
-
The Seller is going to emigrate overseas.
- Trading hours:
-
The business operates Mondays to Thursdays from 8am to 5pm and Fridays from 8am to 3pm, and is closed Saturdays and Sundays.
- Employees:
- There is a small amount of skilled staff with a Manager running the shop, and the owner visits the business when necessary, while concentrating mainly on the Stock levels in the shop as well as doing all the buying.
- Years established:
- The business has been established since 2016
Other Information
- Support & training:
-
All Support and Training will be supplied by the Seller as to the way he currently runs the business, for a period to be negotiated by the parties.
- Furniture / Fixtures value:
- R800,000 - included in the asking price
- Inventory / Stock value:
- R5,500,000
