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MACYOUNG: Niche Boutique Style Shop in Garden Route

R 150,000
Deal of the Week

Overview

Property Description

About this Business: This shop is located on one of the busiest roads of this Garden Route Town and specialises in ladies clothing and accessories. Due to the unique nature of this business and the manner in which it is set up, you do not incur any Cost of Sale expenses upfront.

 

History: The current owner opened this store Aug 2021 as a project for her mom.

 

Staff: Managed and run by owners mother.

 

Scalability: This business is extremely scalable with add on items and products. Due to social media and current following this business already has a national footprint and exposure via social media.

 

Figures:  The revenue for 2023 was R526,998 with a GP of R350,381.

 

Assets:  The asset inventory is valued at R74,650. (49% asset value!)

 

Reason for Selling: Owners mother ready to retire.

 

Selling Price: R150,000

 

ROI: ROI 44%

 

Property Id : 3177
Price: R 150,000

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Zenita De Villiers [MacYoung] Business Practitioner