Detailed financials available on request
The business is the importation of a product range into a small neat & orderly warehouse, from where the range is sold wholesale into its own retail outlet as well as to other competitive retailers. The vertically integrated structure has been carefully branded at the wholesale and retail levels, availing the wholesale business a significant growth potential to competitor outlets at the Retail level, a potential which is as yet to be realised. The product is aimed at the commercial office and the public. The team at each level are fully capable, and the new owner need do no more than a couple of hours every 2nd day, if that. The businesses are fully systemised allowing the owner access to key information at any time. It is not often that such a straight forward opportunity arises in the Garden Route, and at a PE Ratio of 2,38. The asking price excludes stock of R1 445 000 and VAT.