021 552 1018

[email protected]

Price Range: From To

Price Range: From To

Business Description

This sorbet is located in a popular village shopping centre with Woolworths, Clicks, Checkers and Food-Lover’s Market anchor tenants and secure underground parking.

The Owner has 2 stores. A family member was managing this store but is now emigrating.

Business Details

  • Price: R1,950,000
  • Turnover range: R4 400 000
  • Profit range: R690 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Family reasons
  • Business history: Over 10 years in operation
  • Expansion potential:

    • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 3 treatment rooms, 6 mani stations, 5 Pedi chairs
  • Rent & lease terms: New 5-year lease. Rent/escalation: R55 000 /8%

    • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets: Cost value R400 000, Depreciated value R162k
  • Stock included in sale:
  • Value of stock: R300 000

    • GENERAL COMPANY INFO:

  • Employees: 12
  • Trading hours: Mon-Fri 9am—6pm, Saturday 9am-5pm, Sundays 9am—2pm
  • Support & training: 1 month training to be provided.

    • Contact info

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    Phillip Rutherford
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    Phillip Rutherford
    0824941913
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