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Retail Business for Sale Hermanus

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Reference Number: 100910
Sector : Retail, Services
Area : Overberg            Suburb : Hermanus
Monthly Net Profit : R86 000
Annual Turnover : R3 400 000
Purchase Price : R2 000 000
 
Industry and Location:

Retail
Services
Area: Overberg
 
Business History:

This business was started by the owner in October 2017 at the current location in one of the Main roads leading into the Industrial area of Hermanus.  
Description:

Retail Business in Industrial area of Hermanus.

Private Company with one director.  Offers services and retail.

Turnover is generated by the following divisions of the business:

Workshop (70%)

Retail (20%)

Sales (10%)

Rentals (aimed more at the tourism market)

The business is aimed at enthusiasts from all ages and tourists visiting Hermanus.

Regit POS is in operation. 
 
Business Details
Value of Assets: R Awaiting Information
Established Year: 2017
Legal Entity:
Sole Proprietor
Expansion Possibilities:
New owner could consider adding more different stock. Online business might also be explored. The size of the workshop may be expanded.
Monthly Rent:
R 8 980
Annual Escalation:
Awaiting Information
Lease Period:
Month to month. Landlord is willing to negotiate a year to year lease.
Size of property:
110m²
Stock at cost: R 500 000
Other Info :
 
Reason For Selling:

Owner wants to immigrate

 
 


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