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Introduction: ...

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  • GEORGE, SUPERMARKET...

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  • Advance Search
 
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ID: 22 Arrow CAPE TOWN -Ideal for a interior designer - curtaining, blinds and software
Financial Information
Price:  R 320,000  
Total Annual Sales:  R 951,987
Profit Before Tax:  R 182,000
Assets:  R 100,000
ROI - Return on Investment:  60 %
Payback:  21 months
Category: Retail
Province: The Western Cape
Total viewings : 549
Description
The business has been operating for 10 years under the same owner. It operates from a 40m2 Shop within a Home and decor center. The business have 4-5 regular interior decorators that use the business services, but most of their business comes from individuals. Customers will generally discuss and agree on designs, whether it be for curtains, blinds or soft furnishings and select from their wide range of fabric sample books which they have on the premises. They then either outsource the make up or do it themselves, depending on the job. The general mark up is 100% which gives them a 50% margin on most quotes – their quote success ratio is over 90%. The shop has recently been upgraded at a cost of R60,000. The advantage of this business is the very low overheads They do no advertising so there is still major opportunity to grow this business
Business History
Form of Ownership
Sole Prop

Year Established
2000

Year of Acquisition
2000

Business Operations
Trading Hours
8.00- 5.00 Weekdays 9.00 13.00 Sat

Full Time Employees
1

Contract Employees
1

Reason for Sale
Owner is going into another business which totally unrelated to this business.( Food)
Growth Opportunities
There is major opportunity to advertise as they do no advertising currently - plus an opportunity exists by creating a website. The other opportunity is to get one or 2 corporate clients
Business Location
Area
Cape Town Southern Areas
 
Country
South Africa
 
 
Business Premises
Retail Space
 20 m²

Industrial Space
 20 m²

Rental Amount
R  2,580

Lease Term in Years
3.00

Other Important Details
Internet Connection
:Yes

Telephone Lines
:Yes

Undercover Parking
:Yes

In Retail Area
:Yes

Training /Support
:Yes

Technical Skills
:Yes

Business Broker Contact Details
Name
Richard Owen Thomas
Phone: (+27)82-5613471
Mobile:  (+27)82-5613471
Fax: 0866554695
http://update
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