Established Fabric & Decor Store With Growth Potential For Sale

Business description

Leading Fabric and decor store generating excellent profit.
Owner plans relocation.
This business has excellent franchise and growth opportunities.
The existing model operates with an unbelievably low overhead structure.
Business has performed extremely well over the last 6 months despite the state of the economy.

Property information

Real Estate:

Lease

Lease terms:

Landlord prepared to grant long lease at favourable rates.

Leasehold rent:

R162,000 per annum

Location:

Central to all markets. Has proven that consumer base covering entire population spectrum. Has easy access. Plenty free parking. Close to all related decor businesses.

Premises details:

550 sq mts, Safe Secure

Size in square feet:

4,950

Other information

Expansion potential:

Superb opportunity to expand this model throughout rest of Border area, and beyond.Either as a franchise or owner driven.

Competition / Market:

None as this business has confidential supplier contacts ensuring exclusivity in many product lines.Excellent contact with the hospitality industry.

Support & training:

New owner will be shown the ropes and introduced to all major suppliers and customers

Reasons for selling:

Owner plans to relocate

Trading hours:

8:30to 5 Mon to Fri and 8:30 to 1 pm Saturdays.
No Sundays or Public Holidays

Furniture / Fixtures value:

R200,000 (included in the asking price)

Inventory / Stock value:

R2,200,000 (included in the asking price)

Website:

www.length.co.za