Filters
LocationSouth Africa, North West

Sector - Retail

Asking Price
R580,000
Monthly Profit
R 10,625
Asset Value
R 0
Stock Value
R 444,000
Yearly Net Profit
R 127,496

Summary

Music shop

Give me more information

Fully describe the business's activities?

Music shop and accessories
Traditional instruments, keyboards, amplifiers, speakers and accessories

How does the business operate on a daily basis?

Monday to Friday 7:30-17:00
Saturday 7:30-13:00

What Advertising/Marketing is carried out?

Pamflets from time to time

What competition exists?

Cash crusaders

How could the profitability of the business be improved?

Marketing on a ongoing basis
Extending a credit line to mine workers

How involved is the Owner in running the business?

Owner run ,hands on.

When does the current lease end?

The lease ended Dec 2020 Previous owners were EDCON
New owners are unknown.

What are the trading hours?

Monday to Friday 7:30-17:00
Saturday 7:30-13:00

What are the main assets of the business?

Stock as per list

Strengths?

Well established and trusted in the town and community

Weaknesses?

Unknown landlord

Opportunities?

Online marketing

Opportunities?

Online marketing

Threats?

Covid-19 lockdowns vulnerable

What is the reason for the sale?

Retire gatvol 74

What is the reason for the sale?

Owner retiring (74)

Location

Contact | Enquire

Deon

Deon van Tonder

LocationSouth Africa, Gauteng

Preferred method of contact

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