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Flourishing Shoe Stores In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R1,460,000 Inventory / Stock included
Sales Revenue:
R3,560,000
Cash Flow:
R774,000

An exciting opportunity to acquire two flourishing shoe retail stores, strategically located in high-traffic areas. Over the past two years, these stores have demonstrated impressive growth, capitalizing on the increasing demand for affordable footwear among low-income markets.

Both stores are well-established within their communities, boasting a loyal customer base that appreciates the quality and affordability of the products on offer. An extensive range of shoes caters to families and individuals seeking value without compromising on style, making the stores a go-to destination for budget-conscious shoppers.

The retail landscape in these locations is dynamic, with pedestrian traffic consistently high, ensuring steady sales and footfall. Knowledgeable staff delivers exceptional customer service, further enhancing the shopping experience and fostering repeat business.

With a proven track record of revenue growth, these stores represent a compelling investment opportunity for those looking to enter or expand in the retail sector. The expanding low-income market in South Africa presents significant potential for further growth, making this a promising venture for the right buyer.

Property Information

Real Estate:

Lease

Location:

Cape Town central and Cape Town northern suburbs

Premises Details:

Leased premises

Business Operation

Expansion Potential:

Setup more stores.

Reasons for selling:

Growing distribution

Trading hours:

Monday to Friday: 08:30 - 17:00
Saturday: 08:30 - 14:00

Employees:
5
Years established:
3+ Years

Other Information

Support & training:

Full support and training will be provided.

Inventory / Stock value:
R300,000 - included in the asking price