086 1222 021

info@scsgroup.co.za

Price Range: From To

Guitar and Musical Instrument Shop For Sale

R200,000

Business Description

An investor with a passion for all things musical would find this investment
will bring enormous returns, not only financial, but also through feeding his/her
love of music. With no competition nearby, and by expanding the online sales
and the hiring of instruments and karaoke equipment, the potential to grow is possible.

Business Details

  • Property ID: GRS05
  • Price: R200,000
  • Turnover: R960k
  • Actual Profit/Year: R264k
  • Turnover range: R850k-R1mil
  • Profit range: R150k-R300k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner looking to fund another project
  • Business history: 16 years, 1 year with current owner
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 75 sq.m
  • Rent & lease terms: R11 000 incl utilities / 2 years left, 3 year renewal option
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R 150 000
  • Stock included in sale: NO
  • Value of stock: R300 000
  • GENERAL COMPANY INFO:

  • Employees: Owner with one repairman on contractor basis
  • Trading hours: Mon to Fri 9 - 5.30, Sat 9 - 2
  • Support & training: Full support and training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape West Coast
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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