Johannesburg East Hardware & Paint Shop For Sale

Business description

The business sells hardware electrical and plumbing parts and accessories to the public and building contractors. They also do client visits to industrial clients such as building contractors and developers electrical contractors etc. to ensure that they are informed of all projects of their regular clients. They are also specialising in paint sales. Agent of a well known paint group. The business is in existence for a very long period and is well known in the central business district and surrounding suburbs.

Property information

Real Estate:

Lease

Lease terms:

TBD

Location:

South Africa Gauteng Johannesburg East

Premises details:

Business trades from a rental property, prominently situated on a main arterial.

Size in square feet:

250m² (premises only)

Other information

Expansion potential:

N/A

Competition / Market:

Franchise Hardware and Paint Shops in close proximity.

Reasons for selling:

The owner has other business interests and wants to spend more time at that.

Trading hours:

Mon.-Friday 8-6pm; Sat-Sun. 8-1pm.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

The owner might consider a portion of the stock to be paid over a 3 - 6 months period but at least 50% must be paid upfront.

Furniture / Fixtures value:

R170,000 (included in the asking price)

Inventory / Stock value:

R800,000 (included in the asking price)