Retail in BLOEMFONTEIN

R 799,000

Can I afford this?
1 year ago382 views
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General Details
Description
The opportunity now exists to acquire a well-established Retail Jeweler, that has been trading for the past 43 years.

This well-known family business was established in 1979 and is still trading 6 days of the week, in the Middestad Center for the past 4 decades.

Services include, selling, repairing and designing of custom jewelry.

-Monthly profit – R19 000.
-Current lease – R14 000p/m.
-Financials available only to serious buyers.
-Rental agreement can be extended.
-All sales stock relating to the business are currently valued at R127 759 and included.

Sold as a going concern, with assets valued at R120 000, including:
-Safe
-Display cases
-Furniture
-Diamond scope
-Industry tools
-Jewelry lamp
-Jewelry cleaner
-Diamond scale
-Display trays and busts
-Serving trays
-Gift boxes
-Fans
-Remote safety gate
-Lighting and branding

Property Reference #: 1461606

Agent Details:
Adéle van Aswegen - Property Practitioner
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein

Id Subtitle 1119466491
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Estimated monthly repaymentR 8,659
Total property loan amountR 799,000
Total interestR 1,279,117
Total repaymentR 2,078,117
Interest rate at 11.75% for 20 years *
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Mikaya Real Estate
Selling for 3+ years
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