Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R600,000
Monthly Profit
R 55,828
Asset Value
R 250,000
Stock Value
R 1,050,000
Yearly Net Profit
R 669,936

Summary

Very well established business situated in a very busy shopping mall with a lot of foot traffic. Located in a prime spot the business has been running successfully since 2006. Shop is very well designed with an excellent mix of products available drawing a lot of attention to the store. Staffs are well trained with solid structures in place to ensure healthy Nett profits. Perfect opportunity for anyone that wants to take over a solid and established business. Excellent opportunity for someone that enjoys interacting with people.

Give me more information

Fully describe the business's activities?

Christian Book Retailer, Gifts & Accessories

How does the business operate on a daily basis?

The business is owner run; there are key staff members in place to assist with the management of the shop. Finances, orders & stock get controlled by the owners.

What Advertising/Marketing is carried out?

Centre management along with the business hold promotions, Social media. Business has built up a strong client’s base over the years.

What competition exists?

There are other book store in the centre however does not have the personal interaction and feeling of this store. This store offers a welcome, personal & friendly vibe.

How could the profitability of the business be improved?

By targeting a specific market especially the black and English speaking market

Give a breakdown of staff/ functions/ length of service?

1 Owner, 1 Manager, 2 Sales Staff

Do any have management potential?

Already in place

How involved is the Owner in running the business?

100% commited

When does the current lease end?

April 2019

What are the trading hours?

Mondays - Thursdays 9am - 6pm, Fridays 9am - 5pm, Saturdays 9am - 5pm, Sundays 10am - 3pm

What are the main assets of the business?

Furniture, fittings & display units. Stock & Staff

Strengths?

Business is situated in a prime spot in a busy upmarket shopping centre. Very well exposed, a very attractive shop front that catches the eye. Been established for 12 years and has never been relocated. Warm friendly staff that are well trained in all areas, systems and structures in place.

Weaknesses?

Business is owner run

Opportunities?

Opportunity for anyone that has a passion for people to take over a very well supported established business with good healthy Nett profits.

Threats?

Economical pressure might affect the performance of the business.

What is the reason for the sale?

Owners had the business for 12 years and looking at down scaling for retirement.

Location

Contact | Enquire

Werner

Werner Angell-Schau

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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