Lease recently renewed for 5 years with option to renew for a further 5 years. Size of business premises is 510m2. Current rental R51 140 per month with a 10% escalation annually.
Excellent management structure in place with vast experience.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
Seller will assist with training. Some business knowledge would be an advantage.
MARKET and CUSTOMERS
This business has a very large client listed base. The store has a large group of recurring clients on its books.
OPPORTUNITY for GROWTH
This business can increase current trading figures by over 50% within three months with an owner operator in place.
Trading hours.: Monday to Sunday: 08h00 – 17h30
REASON FOR SALE
Seller has another business and further business interests that require his attention.
A non-disclosure agreement will need to be signed before financial information is made available to any potential buyer.
of AUDITED FINANCIALS
Financials available on request from seller.
HANDOVER ARRANGEMENTS and TRAINING
Seller will assist the buyer after take over for a limited period.