Esteemed Appliance, Homeware and Concept Store in Garden Route

R 15,000,000

3 months ago250 views
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Description

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.


Location: Garden Route, Western Cape

History: In business for over 18 years

Reason for sale: The owner is retiring


Inventory: +/- R 9000 000

Turnover: +/- R 51 000 000

Gross Profit: +/- R 15 000 000

Discretionary Income: +/- R 4 800 000


Selling Price: R 15 000 000 (excluding inventory)


Properties (optional):

Retail Store: R 12 540 000

Warehouse: R 6 460 000 (sub-divided rent received)


*Please include your direct email address when enquiring about this business.

Id Subtitle 1261017221
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William Smith
Selling for 7+ years
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