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Well Established Thrift Store In Ballito Central For Sale

Ballito, KwaZulu - Natal, South Africa
Asking Price:
R150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R100K - R500K
Cash Flow:
Under R100K

Thrift Store for Sale.

Business opportunities are available in Ballito, KwaDukuza North Coast.

We are in a busy part of Ballito, very central on a busy road outside the entrance to a school, so have loads of traffic passing our shop every day all day.

We are also 3km from a taxi rank and surrounded by large estates like Zimbali, Simbithi, Brettenwood and Dunkirk ensuring quality stock.

There are also plenty of new developments going up around us like Ballito Hills, Ballito Village and Zimbali Lakes, many of these developments furnish their apartments with stock from our shop.

Our shop is fully functional with shelves, computers, phones, internet, selling stock, etc. We also rent a storage unit for overflow stock which we advertise and sell on our online platforms.

We have a Facebook page with more than 1300 followers, which is growing daily, and an Instagram account with more than 450 followers, which is new and is also growing quite nicely.

We also use WhatsApp; we advertise on all our local 2nd hand item pages.

It is difficult to stock take a second-hand shop as we have so many items and the rotation of stock the whole time, we estimate the stock value is about R400 000.

Fixed assets like shelving etc. valued at R50000

Property Information

Real Estate:

Lease

Lease Terms:

Signed until the end of July 2024, option to extend.

Leasehold Rent:

R123,600 per annum

Location:

We are in a busy part of Ballito, very central on a busy road outside the entrance to a school, so have loads of traffic passing our shop everyday all day. We are also 3km from a taxi rank and surrounded by large estates like Zimbali, Simbithi, Brettenwood and Dunkirk ensuring quality stock. There are also plenty new developments going up around us like Ballito Hills, Ballito Village and Zimbali Lakes, many of these developments furnish their apartments with stock from our shop.

Premises Details:

We currently rent a shop in the Home and Decor centre and are very well known. Our shop is fully functional with shelves, computers, phones, internet, selling stock, cameras etc. We also rent a storage unit for overflow stock which we advertise and sell on our online platforms.

Business Operation

Expansion Potential:

New owner could get involved in furniture restoration, house moves or even setup an online store or online auction.

Competition / Market:

Being in the 2nd hand / Thrift environment, we are all pretty unique in our own way. There are 3 Thrift stores on the North Coast, but we are all unique in our own way.

Reasons for selling:

We have a Guest House that requires more of our time.

Trading hours:

Mon-Fri : 08:00-16:30
Sat : 08:00 - 14:00

Employees:
2
Years established:
13

Other Information

Support & training:

System's training of how it works.
Handing over of accounts: Facebook page / Facebook Group / Google account / Online account.
Handing over of Yoco machine.

Furniture / Fixtures value:
R50,000 - included in the asking price
Inventory / Stock value:
R400,000 - included in the asking price
Relocatable:
This business can be relocated.