Property Description
ABOUT THIS BUSINESS: Spectacular Clothing Boutique. An established lifestyle fashion brand located in the popular Garden Route tourism region. The boutiques specialize in stylish imported Italian fashion together with selected South African designer clothing for women who value elegant, comfortable lifestyle wear.
The business operates two fully fitted boutiques together with an online store and has built a strong brand identity around the concept “Escape in Style.”
This is a turnkey opportunity for an entrepreneur or investor looking to acquire an existing fashion retail brand with expansion potential.
OPERATIONS: Under excellent management.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand, especially online/e-commerce.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R1,995m as a going concern/ zero VAT rate.
STOCK INCLUDED: R560,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,995m
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 3.4
ROI(RETURN OF INVESTMENT): 29%
MPB(MONTH’S PAY BACK): 41
ASSETS:
MARKET VALUE: R240,000.00
ASSET VALUE RATIO TO SELLING PRICE: 8%
PROFITABILITY:
ANNUAL TURNOVER: R2,3m
AVERAGE MONTHLY TURNOVER : R178,000
NET PROFIT (EBITDA) PER ANNUM: R586,000
NET PROFIT (EBITDA) PER MONTH: R48,000