Well established, profitable, easy to run, shoe & bag repair retail outlet for sale in Bryanston.

This is a fantastic opportunity for someone interested in owning a small, easy to run, repair business in a bustling well-supported Shopping Centre.

The opportunity for growth in the smalls repair business is limitless when you have your own professional space.

Features:

  • Attractive centre with lots of walk by trade
  • Key cutting business in store
  • Sought after services offered
  • Destination store
  • 20m² retail outlet
  • No franchise fees
  • Independently owned
  • Easy to manage
  • Potential for small retail/vending stands to be included – subject to landlord approval
  • Long term, established, loyal client base
  • Rental can POSSIBLY be negotiated under current COVID situation

In detail –

Established business for: 10 years (Business Est. 2010)

Employees: Two staff members (1 temporary, 1 permanent)

Annual Wages: R106 080 (R8 840/month)

Trading hours: Monday – Friday: 8:00 – 17:00 Saturday: 8:00 – 13:00

Annual Revenue/Turnover: ~R592 844

Nett Annual Profit: ~R165 000

Owner’s Takings:  ~R11 300/month

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

Current Stock Value: N/A (included in Sale Price)

Lease Agreement:  Buyer to sign new lease agreement.

Lease is transferable. 22 months remaining on existing lease.

Rental: R5 150.94 per month (Deposit required – Current R6 320.67) (Electricity deposit – R1 000)

Utilities/Rates/Refuse: R248.25 + VAT/month

Lease Fees: R1 725 (once off payment)

Reason for Selling: Owner passed away

Asking Price – R250 000

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

Property Features

  • Key cutting service onsite