Price Range: From To

Guitar and Musical Instrument Shop For Sale

R1,100,000

Business Description

This store does more online sales than in-store sales. There is no nearby
competition. An investor with a passion for all things musical
would find this investment will bring enormous returns, not only
financial, but also through the feeding of his/her love of music

Business Details

  • Property ID: GS 015
  • Price: R1,100,000
  • Turnover: R2.04million
  • Actual Profit/Year: R600k
  • Turnover range: R2mil - R3mil
  • Profit range: R500k - R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner has a construction business which requires all his attention
  • Business history: 15 years, 1.5 years with current owner
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 60sqm
  • Rent & lease terms: R8500 per month / 10 months remain, renewable
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R 150 000
  • Stock included in sale: Yes
  • Value of stock: R850 000, included in selling price
  • GENERAL COMPANY INFO:

  • Employees: Part time lady assistant, repairman
  • Trading hours: Mon to Fri 9 - 5.30, Sat 9 - 2
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Western Subburbs (Table View Area)
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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