Sweets And Party Novelty Shop In East Rand For Sale

Business description

The shop stocks a wide variety of sweets, party novelties, party packs, gift packaging, stickers and soft toys. In addition to the retailing of the products in the shop the business also prepares party packs for groups. Party packs are mostly standard in price and content with a few variations. The business also caters for special orders which often have to be sourced outside its regular suppliers. The business has been operating for more than seven years and has grown in familiarity with the local community. The shop offers attractive price options for the not so affluent customers who desire to have something special for their children's parties.

Any prospective buyer will be required to complete an Aldes Gold Business Brokers non disclosure agreement, a copy of which is attached.

Property information

Real Estate:

Lease

Lease terms:

The lease is due to expire in December 2012. Thereupon a completely new lease will have to be negotiated.

Leasehold rent:

R280 per sq ft per annum

Location:

The shop is located in large well known East Rand shopping centre positioned near the cinemas

Premises details:

Shopping Centre

Size in square feet:

55 sq meters

Business Operation

Expansion potential:

Promotions of the party packs and services could be carried out to the broader community also extending somewhat further. The party packs could be extended to cover a wider range of either expensive or inexpensive items. Price structuring could be adjusted upwards without necessarily affecting customer loyalty. More advertising and promotions could be carried out to better improve awareness.

Competition / Market:

The shop is the only one of its kind in the shopping centre but there are other shops offering similar products but not nearly as extensive. The preparation of party packs is however unique and is growing in popularity.

Reasons for selling:

Owner wishes to persue other business interests away from the retail trade

Trading hours:

Mondays to Thursdays : 09h00 to 17h00. Fridays and Saturdays : 09h00 to 19h00. Sundays and Public Holidays : 09h00 to 14h00.

Employees:

Three permanent staff

Years established:

Seven years

Other information

Support & training:

The owner will provide full support and training until such time that the buyer is satsfied that he or she is able to manage on his or her own.

Furniture / Fixtures value:

R100,000 (included in the asking price)

Inventory / Stock value:

R160,000 (included in the asking price)

Related documents:

• 
• Confidentiality Agreement

Relocatable:

This business can be relocated.