- Listing ID: 861122
- (Seller ref: 101273)
Family Business Ladies Bag And Shoe Retailer For Sale
- Location:
-
- South Africa
- > KwaZulu - Natal
- > Durban
- > CBD
- Category:
-
- Retail
- > Clothing
- > Shoe Shops
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Summary
- Asking price:
- R682,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- R264,164
- Cash flow:
- R26,819
- Years established:
- Business has been established since April 2006
- Employees:
- 4 staff members. 3 assistants and a manager
)
Business description
This is a family business where there is a factory in Stanger making ladies handbags (and also importing from China). This is the Durban outlet operating as a factory shop. They also stock ladies shoes and purses which they obtain from other wholesalers.
Property information
- Location:
- Situated in a very secure, high pedestrian traffic, shopping complex in the Durban CBD
Other information
- Expansion potential:
- Have tighter controls in place to stop shrinkage
- Competition / Market:
- There is competition all around in the CBD - but this business is more appealing than the others.
- Support & training:
- The seller will give full training to the new owner.
- Reasons for selling:
- The owners family need him to assist in his fathers factory
- Trading hours:
- 8am - 5pm Monday to Friday, and Saturday mornings
- Furniture / Fixtures value:
- R80,000 (included in the asking price)
- Inventory / Stock value:
- R250,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > KwaZulu - Natal
- > Durban
- > CBD
- Retail
- > Clothing
- > Shoe Shops
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