021 552 1018

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Price Range: From To

Price Range: From To

Business Description

A highly successful and profitable appliance store in the Garden Route has become available. The company has an 18-year history of servicing the community and district at large.

They are well-located with a loyal customer base and a reputation for providing recognised brands. The store, considered a destination store, features a wide range of products and brands, including small and large appliances, fireplaces, homeware, and handpicked gifts, from contemporary to traditional.

The properties from which the business’s retail store and warehouse are situated are also available.

Business Selling Price: R 15 000 000 (excluding stock)

Properties (optional):
Retail Store – R 12 540 000
Warehouse – R   6 460 000

Business Details

  • Price: R15,000,000
  • Turnover range: +/- R 51 000 000
  • Profit range: +/- R 4 800 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: The owner is retiring.
  • Business history: In business for over 18 years.
  • Expansion potential: Garden Route is a growing area, and leveraging the business's brands and offerings could see it continue to flourish.

    • PROPERTY DETAILS:

  • Fixed property included: Negotiable
  • Premises Details: Retail Store: +/- R1700 m2. Warehouse: +/- 850 m2
  • Rent & lease terms:

    • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets:
  • Stock included in sale: Sale price excludes stock.
  • Value of stock: +/- R 9 000 000

    • GENERAL COMPANY INFO:

  • Employees:
  • Trading hours:
  • Support & training: The owner is prepared to stay on for a determined period to ensure a smooth handover.

    • Contact info

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    Thurston Hillebrand
    CONTACT BUSINESS AGENT
    Thurston Hillebrand
    061 408 1553

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