Property Description
About this Business:
The business sells fishing equipment, bait and related items, to an established client base of local fishermen and holiday makers. Well positioned on a main street, with lots of passing traffic. Very well stocked. (value approx. R1.1M.)
History: Current owner trading since 2008.
Staff: The business is run by the owner couple.
Scalability & Opportunity:
Rare opportunity to purchase a long established and profitable business.
Figures: Revenue R2m+ pa.
Assets: All equipment and shop fittings to the value of R260k, included.
Reason for Selling: The owner is retiring.
Selling Price: R1,1m for the business, plus the value of stock as at date of purchase, approx. R1.1M.
ROI: 48%.
Other Features
Assets Included
Property Id: 3416
Price: R 1,100,000
Monthly Turnover: 2100000
Monthly Profit: 44000
ROI: 48