Ref. No - BFS936390
South Africa, GautengRef. No - BFS936390
Sector - Retail
Asking Price
R1,500,000
Monthly Profit
R 92,869
Asset Value
R 200,000
Stock Value
R 1,000,000
Yearly Net Profit
R 742,948
Summary
Price reduced - deceased estate. Niche hiking online and outlet store stocking specialized hiking accessories and equipment.
Give me more informationFully describe the business's activities?
This is a dynamic, specialist hiking and outdoor shop that caters for all outdoor enthusiasts and travellers.
This business includes both an online and a brick-and-mortar store.
This business includes both an online and a brick-and-mortar store.
How does the business operate on a daily basis?
The business is well established in the area and services walk-in clients as well as selling merchandise online.
What Advertising/Marketing is carried out?
Google ads
SEO
Website
Local signage
SEO
Website
Local signage
What competition exists?
Competition exists however this business specialises in hiking equipment and accesories.
How could the profitability of the business be improved?
Greater google ad spend
How involved is the Owner in running the business?
Daily involvement.
When does the current lease end?
30 April 2024
What is the annual escalation %?
8%
What are the trading hours?
9am to 5pm
What are the main assets of the business?
Full asset list will be provided.
The main assets are shopfitting and stock.
The main assets are shopfitting and stock.
Strengths?
- Niche Market
- Well established
- Online presence
- Well established
- Online presence
Opportunities?
- Open similar stores in other locations
- Increase online presence
- Add additional brands
- Increase online presence
- Add additional brands
Threats?
None percieved.
What is the reason for the sale?
Owner retiring.
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