The business manufactures a popular type of sporting equipment and imports a range of sporting gear all selling under a well known brand in South Africa.
- Asking Price:
- R11,950,000 Inventory / Stock included
- Sales Revenue:
- R15,500,000
- Cash Flow:
- R3,300,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 Years remaining - renewable
- Leasehold Rent:
-
R67,000 per annum
- Premises Details:
-
780 sq Metres
Business Operation
- Expansion Potential:
-
Huge potential for expansion
- Competition / Market:
-
One of 3 leading brands in SA
- Reasons for selling:
-
After 25 years, the owner is looking for a new challenge.
- Trading hours:
-
8 - 5 Weekdays
8 - 1 Saturdays
- Employees:
- 13
- Years established:
- 25
Other Information
- Support & training:
-
Owner is prepared to remain in the business for an extended hand over period of up to a year ( negotiable)
- Furniture / Fixtures value:
- R2,000,000
- Inventory / Stock value:
- R300,000 - included in the asking price
- Relocatable:
- This business can be relocated.