Highly profitable Golf Shop Including R3M Stock For Sale

Business description

Golf equipment shop in major coastal city in Kwazulu Natal, South Africa. Highly profitable. Including R3m worth of stock at cost prices. Owner preparing for retirement after many years in this field.

This kind of business is aimed at the higher income group, and is therefore much more recession proof that most other businesses.

Property information

Real Estate:

Lease

Lease terms:

Renewable lease with existing contract until November 2010. In extremely busy shopping centre with increasing number of visitors every year.

Location:

Prime shopping mall with growing visitor count. Upmarket clientele.

Other information

Expansion potential:

New owner with new ideas could experience massive growth in business.

Support & training:

Owner will give training and full disclosure of suppliers.

Reasons for selling:

Owner scaling down towards retirement after 15 years since opening pilot store.

Trading hours:

4. Opening Hours 9 - 7 pm weekdays, Sat 9-9, Sun 9-6

Financing available:

Bank finance

Furniture / Fixtures value:

R200,000

Inventory / Stock value:

R3,000,000

Contact the seller