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Profitable Pawn Shop In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R500,000 Furniture / Fixtures included
Sales Revenue:
R700,000
Cash Flow:
R400,000

Established and easy to manage 2nd hand goods shop for sale in Randburg suburb.

This store specializes in buying and selling of 2nd hand furniture, white appliances, electronics and collectibles.

Besides the profits made from buying and selling, there are also 3 film companies that rent furniture and props on occassion for their movie sets!

Rent: only R9 775 pm.  

Staff: 3.

Average Turnover: +/- R700 000 pa.

Average net Profits: +/- R400 000 pa.

Asset value: +/- R75 000.

Stock value: +/- R300 000.

Selling Price: R500 000

Property Information

Real Estate:

Lease

Leasehold Rent:

R118,000 per annum

Location:

On busy main road

Premises Details:

Shop with great visibility on main arterial road.

Business Operation

Reasons for selling:

Owner is moving to the coast.

Trading hours:

Monday - Saturday daytime.

Employees:
3 incl. Manager
Years established:
3

Other Information

Support & training:

Full handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R75,000 - included in the asking price
Inventory / Stock value:
R300,000