Established Dance Clothing Outlet

Western Cape

R 286 250

Financial Information

Detailed financials available on request

Situated in a newly refurbished mall on a busy main road in the heart of a shopping district in the southern suburbs, Cape Town, this family-owned retail outlet has been supplying specialized dancewear since 1981. Established by a qualified dancer herself who understands the dance world and its requirements, they are able to cater to various dance types including Ballet, Modern, Latin, and Ballroom. The range consists of clothing as well as shoes. Being situated next to a hi-tech gym will enable them the opportunity to tap into the fitness industry and expand its product range. They have been supplying the local dance community with all their requirements for almost 40 years and have an established client base. They give specialized and personalized attention to all their customers They do orders for special functions as well as weddings. Clients are able to place their orders online and thus clients situated outside of Cape Town can also be assisted. This business will be revitalized by a new hands-on owner as due to ill health the current owner is unable to give the business enough time and attention. Dance has been around for years and will be for years to come thus the new owner is guaranteed to benefit from the purchase of this business. Selling price excludes VAT and stock with an estimated value of +/- R 180 000.

Reason for selling

Owner wishes to retire due to health issues.
Annual revenue
R 488,363
Monthly cash flow
R 4,811
Stock value
R 180,000