Ref. No - BFS935191
South Africa, GautengRef. No - BFS935191
Sector - Property
Asking Price
R12,000,000
Monthly Profit
R 43,659
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 523,903
Summary
Commercial building with long term retail tenants on Ontdekkers Rd for Sale
Give me more informationHow does the business operate on a daily basis?
Normal leasing of shops, flats, a office and parking garages
What Advertising/Marketing is carried out?
None
What competition exists?
Mainly other business and retail complexes.
How could the profitability of the business be improved?
Increase in rental.
Give a breakdown of staff/ functions/ length of service?
1 Cleaner / Gardiner
1 Caretaker
1 Caretaker
Do any have management potential?
No
How involved is the Owner in running the business?
Very involved, but not 100% busy in the business.
When does the current lease end?
n/a
What are the trading hours?
Varies
What are the main assets of the business?
Mostly the properties. The flats, the shops and a office.
Strengths?
Location of the buildings and well maintained
What is the reason for the sale?
No real reason
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