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.
- 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 email@example.com
- Key cutting service onsite