Well Positioned Profitable Second Hand Store

Eastern Cape

R 245 000

Financial Information

Detailed financials available on request

This cash business was established by the current owner over 3 years ago. The store is well supported and offers a vast array of products including antiques, collectables, household goods and tools to a large diverse customer base. The business operates from leased premises in a busy shopping centre on the national road and is run by the owner and supported by a very small compliment of staff. The owner intends emigrating to join his family in Holland which creates a perfect opportunity for a buyer to acquire a small profitable business on the Eastern Cape coast. The asking price is R295,000 (excluding Stock and Vat) The business has an annual net profit (EBPIDT) of approximately R295,000 and offers a return on investment of 100% and/or a monthly payback of approximately 12 months.

Neville Loader

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