Well established business with excellent location. Premises will be upgraded and revamped by the landlord before new owner enters.
- Asking Price:
- R1,300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R5,000,000
- Cash Flow:
- R960,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
New lease for 3years with an option for renewal.
- Leasehold Rent:
-
R600,000 per annum
- Location:
-
Prime high street location
Business Operation
- Expansion Potential:
-
The business will undergo expansion by the landlord before the sale
- Reasons for selling:
-
The owner is planning to move overseas
- Trading hours:
-
24/7
- Employees:
- 6
- Years established:
- 5 years
Other Information
- Furniture / Fixtures value:
- R800,000 - included in the asking price
- Inventory / Stock value:
- R40,000 - included in the asking price
