The business is situated adjacent to an extremely busy convenient center in a Northern suburb of Pretoria and is operational for approximately 13 years. The processes are well established and very effective and productive. Very stable customer base with a lot of repeat business. Assets of approximately R300 000 included in price.
- Asking Price:
- R1,630,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R2,280,000
- Cash Flow:
- R550,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Current lease end March 2024, with an additional 5 year option. Potential buyer to be approved by Landlord
- Leasehold Rent:
-
R432,000 per annum
- Location:
-
Northern suburb of Pretoria
- Premises Details:
-
Leased property
- Size in square feet:
- 245m²
Business Operation
- Reasons for selling:
-
Owner need to retire due to health isuues
- Trading hours:
-
Monday to Friday - 07h00 until 17h00
Weekends - 07h00 until 16h00
- Employees:
- 16
- Years established:
- 13
Other Information
- Support & training:
-
Owner prepared to assist with the necessary training/handover on short term basis
- Furniture / Fixtures value:
- R300,000 - included in the asking price
- Inventory / Stock value:
- R10,000 - included in the asking price
