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Trendy Female Footwear Store For Sale

R2,200,000

Business Description

Very sound business at a very competitive price, highly commended. Supply agreements for 20 top brands. Very well-known and easy to manage business with long serving, able staff. High turnover and gross profit margins. Best possible location. Business ready to be franchised – huge potential

Business Details

  • Property ID: MR-103
  • Price: R2,200,000
  • Turnover: R4.6mil
  • Actual Profit/Year: R1.34mil
  • Turnover range: R4 mil - R6 mil
  • Profit range: R1mil - R2mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The owner is emigrating
  • Business history: Established in 2002
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: +-R24 000 per month
  • Rent & lease terms: Recently renewed
  • ASSETS AND STOCK:

  • Assets included in sale: All equipment & Furnishings are included
  • Value of assets: TBC
  • Stock included in sale: No
  • Value of stock: +/- R300 000
  • GENERAL COMPANY INFO:

  • Employees: 2 permanent staff with 6 casuals
  • Trading hours: Shopping Centre hours - 7 days a week
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town CBD
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Mitchell Roberts
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