Two Security Shops In East Rand For Sale

Business description

The shops have been selling gate and garage motors, alarms, remotes, access controls and electric fences since 1995. The business originally had to import the security and gate motors. However as manufacturers began to establish themselves in South Africa many of the products are now sourced locally.

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 the properties on which the shops are situated are owned by the Owner himself. The landlord would be prepared to consider a five year lease in the region of R28000 per month with a 10% escalation clause

Location:

Both shops are situated on busy roads in an East Rand town

Premises details:

The premises on which the shops are situated are owned by the owner of the business himself. As the owner does not wish to sell his properties, he is prepared to offer appropriate leases for a five year period with an annual escalation of 10%

Business Operation

Expansion potential:

The shops being situated on busy roads could do with improved signage to attract more passing trade. The business presently advertisies in various regional and home improvement publications as well as having its own website. The employment of a sales representative to go out and look for new business could have the effect of improving turnover. The shops are presently closed on Sundays and public holidays. Being open for business on those days could also have the effect of improving turnover

Competition / Market:

There are other specialist security shops and chain stores close by

Reasons for selling:

Owner wishes to retire

Trading hours:

Mondays to Fridays : 08h00 to 17h00. Saturdays : 08h30 to 13h30. Sundays and Public Holidays : closed

Employees:

5 employees who share duties between the two shops

Years established:

16 years

Other information

Support & training:

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

Furniture / Fixtures value:

R50,000 (included in the asking price)

Inventory / Stock value:

R1,000,000 (included in the asking price)

Related documents:

• 
• Confidentiality Agreement

Relocatable:

This business can be relocated.