Well established, profitable, easy to run, ladies boutique clothing store in Irene, Centurion.

This is a fantastic opportunity for someone interested in owning a small, easy to run, retail store in a bustling well-known shopping centre. The opportunity for growth is limitless when you have your professional space.

Features:

  • Attractive centre with lots of walk in trade
  • 55m² store
  • No franchise fees
  • Independently owned
  • Long term, established suppliers
  • Strong, loyal client base
  • Wedding market brings an influx of clients
  • Mother-of-the-Bride, sophisticated market
  • Strong Facebook / social media following
  • CCTV camera system in place
  • Point of Sale (POS)
  • Online store established
  • Bridal Magazine advertising in place
  • Rental can be negotiated under current COVID situation

In detail –

Established business for: 16 years (Business Est. 2004, current store opened 2008)

Employees: One staff member and owner hands on full-time

Annual Wages: R79 200 (R6 600/month)

Trading hours: Monday – Friday: 9:00 – 19:00 Saturday: 9:00 – 18:00 Sunday: 9:00 – 17:00

Annual Revenue/Turnover: R1 420 000

Nett Annual Profit: R90 000 – R140 000

Owner’s Takings:  R15 000 – R20 000/month

Asset Value: R100 000 (included in Sale Price), asset list available on request.

Current Stock Value: R175 000 (included in Sale Price)

Lease Agreement: Buyer to sign new lease agreement. Lease is renewable for 5 years. 9 months remaining on existing lease.

Rental: R51 000 per month, may be negotiable (Deposit required – 1 month)

Utilities/Rates: TBC

Reason for Selling: Owner’s personal situation

Asking Price – R300 000

For more info call Bradley on 083 616 0673 or email bradley@biz2sell.co.za