Selling And Servicing Of Sewing Machines In Cape Peninsula For Sale

Business description

GENERAL DETAILS:
· The existing owner bought this business in 2008. Opened its doors in 2001
· Selling and servicing of machines as well as selling of parts of the machines. The selling of second hand machines also forms part of the sales process. All related products are also sold that forms part of making clothes and for sewing purposes. That includes haberdashery , selling of wool and embroidery. Very well known brand of machine situated in a business centre near Woolworths with lots of feet. At this stage there are 2 Sales people. A technician in Bellville is servicing the machines. Parts are available directly from the factory. The business can be run with 2 staff members. At this stage there are four. A substantial savings can be made in salaries.

· Business Hours: Monday to Fridays 09h00 – 17h00
Saturdays 09h00 – 13h00
· Staff: Owner + 4.
· Rental: R10750
· Floor Space
· Lease: Buyer can negotiate own lease period.
· Fixed Asset Value R100000 (Refer to available List)
· Stock R200 000
· Financial Summary:
· Average Monthly Turnover without VAT: R65423
· Average Monthly Gross Profit: R37918
· Average Monthly Expenses: R29275
· Average Monthly Net Profit: R 8643
· Refer to available Management Figures or Financial statements


REASON FOR SELLING:
Children.


PLEASE NOTE: WHILST REASONABLE CARE HAS BEEN TAKEN TO ENSURE THE ACCURACY FOR THE INFORMATION SUPPLIED, NO LIABILITY WILL BE ACCEPTED FOR ANY ERRORS, NOR SHOULD THIS INFORMATION BE CONSTRUED AS FORMING PART OF ANY CONTRACT OR AGREEMENT IN THE FUTURE

Property information

Real Estate:

Lease

Location:

Business Centre

Premises details:

Good visibility in a very busy centre

Business Operation

Expansion potential:

good

Reasons for selling:

Children at school

Trading hours:

As per description

Employees:

4

Years established:

10 plus

Other information

Support & training:

1 month

Furniture / Fixtures value:

R100,000 (included in the asking price)

Inventory / Stock value:

R200,000

Relocatable:

This business can be relocated.