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Business description
A well known quality clothing business has now come onto the market. This business has two (2) retail outlets in busy shopping centres on the South Coast. Although the stores are limited as to the variety of brands they may sell, they do cater for a wide range within the brand. The brand is well known in South Africa and is always associated with quality and style. Their range is diverse, going from’ dress up’ to dress down, from smart, through to casual with good styles and colours.
Property information
- Location:
- South Africa - Kwazulu Natal - Lower South Coast
- Premises details:
- Both shops are in busy shopping centres
- Size in square feet:
- 75 sq m and 79 sq m.
Business Operation
- Expansion potential:
- Improve stock control, Increase stock, Owner/manager
- Competition / Market:
- There is some competition as other stores sell the same brand, but because they have other brands competing in the same store, the competition is limited.
- Reasons for selling:
- The owner has other business interests that he wants to focus on.
- Trading hours:
- The one shop opens from 08h30-17h00 on weekdays and Saturdays 08h30-13h00 and close on Sundays at 13h00. The second shop trades between 08h00-17h30 and weekends the same as the other shop.
- Employees:
- 3 each
- Years established:
- 5
Franchise terms
- Franchise opportunity:
- Yes
All terms and conditions available on franchise agreement with broker
Other information
- Support & training:
- The owner will provide support and training
- Furniture / Fixtures value:
- R900,000 (included in the asking price)
- Inventory / Stock value:
- R500,000