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Well Established Health Store Retail & Online Store In Westville For Sale

Westville, KwaZulu - Natal, South Africa
Asking Price:
R5,000,000 Furniture / Fixtures included
Sales Revenue:
R11,968,190
Cash Flow:
R500,000

The retail store has a fourteen year trading history with a well established clientele trading in premium health products. It is managed by homeopaths (natural health doctors) cementing its reputation as a first class service provider.

Three years ago the online store was created. No expense was spared and it currently has a database of 25 000 nationwide customers with a review rating of 4.74/5 from 2000 confirmed buyers. It is one of two stores in the health sector to show review ratings by google shopping confirming it as an established and trusted online brand.

Property Information

Real Estate:

Lease

Lease Terms:

Lease will be renewed for new owner prior to occupation

Leasehold Rent:

R504,000 per annum

Location:

Established Shopping Mall

Business Operation

Expansion Potential:

The online store is 3 years old and with the correct investment in stock is well positioned in the marketplace to be a dominant force in the industry.

Competition / Market:

The online store has 2 main competitors both based in cape town.

Reasons for selling:

Owner emigrating with family

Trading hours:

Monday - Sunday

Employees:
5
Years established:
14

Other Information

Support & training:

Full support and training

Furniture / Fixtures value:
R450,000 - included in the asking price
Inventory / Stock value:
R1,600,000
Home based:
This business can be run from home.