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PROFILE |
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Description: |
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The shop is located in Douglas, the home of the confluence of the Vaal and Orange Rivers in the Northern Cape. Anglers come from all over to visit this fishing paradise. We specialise in the sale of freshwater baits and fishing gear and are a preferred supplier of brands like Supercast. |
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Industry / Sector: |
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Retail - Store |
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LOCATION |
| State / Province: |
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Northern Cape RSA |
| City / Town: |
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Douglas |
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Location / Area: |
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Douglas |
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Portability: |
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Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
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PRICE |
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Asking Price: |
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R 225 000
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 50 000 per month
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| Profit: |
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R 20 000 per month
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| Annual Return: |
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107
% per annum
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| No. of Staff: |
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1 |
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Year Established: |
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2014 |
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Legal Persona: |
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Sole Proprietorship |
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Other Information: |
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PREMISES
There is a lease in place at R2 200 p/m which includes water and lights.
STOCK INCLUDED
MARKET and CUSTOMERS
The customers are loyal and there is a large existing customer base.
TRADING HOURS and LIFESTYLE
Trading hours:
- 8am to 5pm : Monday to Friday
- 8am to 1pm on Saturdays and Public Holidays
REASON FOR SALE
The present owner inherited the business from a family member in March 2024 but also runs a business located an hour away.
To quote the owner : "I would like to sell the shop to someone who will love and grow it. Someone with a passion for the sport."
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