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Esteemed Appliance, Homeware And Concept Store For Sale

Western Cape, South Africa
Asking Price:
R15,000,000
Sales Revenue:
R51,000,000
Cash Flow:
R4,800,000

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

Property Information

Real Estate:

Real Property Included

Premises Details:

Retail Store: +/- R1700 m2. Warehouse: +/- 850 m2

Size in square feet:
+/- 1700 and 850 m2

Business Operation

Expansion Potential:

Garden Route is a growing area, and leveraging the business's brands and offerings could see it continue to flourish.

Reasons for selling:

The owner is retiring.

Years established:
18

Other Information

Support & training:

The owner is prepared to stay on for a determined period to ensure a smooth handover.

Inventory / Stock value:
R9,000,000