Detailed financials available on request
This immaculate bookstore was established in 2008. It is a family run business that is very well supported by the local community. There is a seasonal spike in turnover during December/ January. This store caters to the needs of all stages of life, from young toddlers, school students to the retired community. Any book request is handled in a friendly and efficient manner and nothing is too much trouble for this hands on owner. The second hand book selection is quite small but has a quick turnaround time and is an easy source of revenue. There is still a large percentage of the general population who prefer to read a book in a hard copy format. The sales numbers are pretty consistent year on year proving that there will always be a place for books in the market. All training will be provided by the seller after the effective date. This is a great cash flow business with no debtors. The listing price is R225, 000 (excluding stock of approximately R300,000 and VAT) and the current monthly profit before tax, R14,595. This opportunity offers a Return on Investment of 78% and/or a 15.5-month payback. All information provided is subject to verification by interested buyers and financial information will only be disclosed to serious buyers. For more information, kindly contact the listing Broker.