About this Business:
One of the very best Art & Craft Supply Stores on the Garden Route.
Stocked to the rafters, this shop has supplies for every craft, as well as stationary and exclusive gifts.
Prominent position on a main street with ample parking.
History: From humble beginnings in 2013, the business grew every year by building a community of loyal clients through offering good service, good prices and a relaxed atmosphere.
Staff: The business is owner run, with 2 staff.
Scalability & Opportunity: With the ever-increasing growth of the Greater Mossel Bay area as a semigration and retirement hot spot, the client base of this business just keeps growing. There is opportunity to offer workshops and classes to grow the client base even further.
Figures: Over the past 12 months: R1 m Revenue, Net Profit of R133k
Assets: Shop fittings to the value of R 350 k included in the sale.
R1m in stock form part of the sale, with an additional R1m in stock available on consignment.
Reason for Selling: The owner is retiring.
Selling Price: R670 k Plus R1 m in stock.
ROI: 20%
