Video Shop In Kwazulu Natal For Sale

Business description

A reputable, well established Video Store in a popular neighbourhood shopping complex. The business is well priced, sustains itself adequately during off season periods and generally has significant increases in sales over the holiday seasons. Excellent potential for growth. Stock of ± R250 000 is included in the selling price. The current owner acquired the business 6 months ago. The COS is high due to the fact that he try to purchase more stock than normal to get a better range of movies, which will account for the low NP

Property information

Location:

South Africa - Kwazulu Natal - Lower South Coast

Premises details:

Prime location in busy shopping complex

Size in square feet:

65 sq m

Business Operation

Expansion potential:

Additional special promotions for appealing to different age groups. Possible inclusion of an Internet Café type service within the premises

Competition / Market:

Minimal in the surrounding vicinity

Reasons for selling:

Owner wants to concentrate on other business interests

Trading hours:

Trading hours are 09h00 to 21h00 seven days a week

Employees:

2

Years established:

20

Other information

Support & training:

The owner will provide support and training.

Furniture / Fixtures value:

R457,500 (included in the asking price)

Inventory / Stock value:

R250,000 (included in the asking price)

Relocatable:

This business can be relocated.