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Stationary Retail Shop in Large Shopping Complex For Sale

R700,000

Business Description

This business sells specialized stationary to the general public through their retail store in a very busy and well known shopping complex. They have a specialized range of products including numerous well-known brands and the accessories that go with it. The business stocks high quality Parker, Waterman, Cross, Sheaffer, Lamy, Rotring, Harley Davidson, Fisher Space as well as many more .

This business has been established for over 16 years and is well-known for being the specialist in its industry. They are very well positioned in the shopping complex which is also one of the best shopping complexes to be in, in Cape Town. Although the own-er has only specialized in certain stationary line items, the potential exists to expand the product lines, offer a variety in their range and also expand by selling these products online. There is a big opportunity in selling more gift related items. The owner is retiring and she has taught the shop attendants very well.

Business Details

  • Property ID: MR-102
  • Price: R700,000
  • Turnover: R1.93mil
  • Actual Profit/Year: R450,000
  • Turnover range: R1mil - R3mil
  • Profit range: R200k - R350k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The owner has health issues and wants to retire
  • Business history: 16 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 21sqm
  • Rent & lease terms: R32 000 per month / 2 years left of the current lease
  • ASSETS AND STOCK:

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

  • Employees: Owner plus 1 permanent (up to 4 temps)
  • Trading hours: Normal shopping center hours
  • Support & training: Full Support and training
  • Business Address

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