Furniture Shop in Paarl for Sale

2413

Furniture Shop in Paarl for Sale

Furniture Shop in Paarl for Sale

Asking Price

R1,100,000

Monthly Profit

R 42,571

Asset Value

R 169,000

Stock Value

R 250,000

Yearly Net Profit

R 510,849

Summary

This retail outlet is located in Paarl. The business offers outstanding new and second hand furniture at affordable prices. The price of the business is R 850 000,00 plus stock on hand

Give me more information

Fully describe the business's activities?

The business sells both new and second hand furniture direct to the public. The types of furniture includes lounges, dining rooms, kitchen, bedroom and outdoor furniture. Lay buys are accepted and the business also offers same day deliveries.

How does the business operate on a daily basis?

The owner\manager open the business on a daily basis from 8H00 until 17H00 and order stock, do advertising, sell stock and do delivering. Cash-ups are done on a daily basis.

What Advertising/Marketing is carried out?

Mainly social media

What competition exists?

There's a lot of existing furniture businesses in the area

How could the profitability of the business be improved?

The business profitability could be improved by increasing stockholding in order to increase Sales. More quality second hand stock should be sourced which would increase GP%

How involved is the Owner in running the business?

The Owner is fully involved on a daily basis in the running of the business

When does the current lease end?

The current lease ends September 2021, but a new lease can be negotiated with the landlord

What are the trading hours?

The trading hours are from Monday to Friday 8H00 till 17H00 and Saturdays from 8H00 until 13H00

What are the main assets of the business?

The main assets are the delivery vehicle, shelving, counter and the goodwill of the business

Strengths?

Well-established with a good reputation and goodwill

Weaknesses?

Stockholding could be higher with more variety

Opportunities?

Increase variety and second-hand stockholding

Threats?

The normal threats associate with retail business exist.

What is the reason for the sale?

The reason for sale is retirement and the owner wants to relocate to her son

Call Seller Message Seller

Contact | Enquire

Hugo Tallie

South Africa

Access to the number one business broking tool to get your business sold.

We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

your business for sale

Reach

the right audience

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages

More businesses you may like

More similar, inspiring businesses for sale

Supermarket and Liquor Store

SA, Western Cape

RETAIL

Supermarket and Liquor Store

R13,450,000

YNP - R 0

Prime Position Hardware Store

SA, Western Cape

RETAIL

Prime Position Hardware Store

R1,340,000

YNP - R 419,188

Custom Made Blind Installations

SA, Western Cape

RETAIL

Custom Made Blind Installations

R225,000

YNP - R 338,000

Professional Interior Decorators

SA, Western Cape

RETAIL

Professional Interior Decorators

R1,650,000

YNP - R 319,194

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

What Are The Advantages Of Buying An Existing Business

What Are The Advantages Of Buying An Existing Business

What Are The Advantages Of Buying An Existing Business

10 Questions To Ask When Buying A Business

10 Questions To Ask When Buying A Business

10 Questions To Ask When Buying A Business

The Transformative Power of Business Coaching: Unleashing Success and Growth

The Transformative Power of Business Coaching: Unleashing Success and Growth

In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne

Show all

Buyers' knowledge bank

(30)

Sellers

Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale

Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale

We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

6 Steps To Selling A Small Business In South Africa.

6 Steps To Selling A Small Business In South Africa.

6 Steps To Selling A Small Business In South Africa.

Sellers' knowledge bank