Profitable Eastern Cape Factory And Clothing Stores For Sale

Business description

This is an amazing opportunity!!!!!

Two up market, profitable and perfectly located clothing stores with the factory for sale.

The one store is in Port Elizabeth and the other in Jeffrey’s Bay. The factory is located in Jeffreys Bay. All the stores belong to the Seller who would prefer to sell everything at the same time. The shops are known for carrying a major well known clothing brand.

The PE Store is located in a major retail park and the Jeffrey’s Bay store is located along the main road in Jeffery’s Bay. The PE store is 5 years old and the Jeffrey’s Bay store is about 3 years. All the stores are fully fitted and all the fixtures and fittings are included in the sale.

The business is registered as a CC but the CC is not included in the sale. The Jeffrey’s Bay store is subject to seasonal influences while the Port Elizabeth store trades the whole year. The factory generates a healthy trade the whole year round.

Perfectly priced this is a great opportunity for any business person wanting to enter the clothing retail sector or a business wanting to expand its footprint.

Property information

Real Estate:

Lease

Lease terms:

All the shops are leased with the PE shop being on a 3 year renewable lease contract and Jeffrey’s Bay shop on a 5 year renewable lease contract

Location:

The PE Store is located in a major retail park and the Jeffrey’s Bay store is located along the main road in Jeffery’s Bay. The factory is in Jeffrey's Bay

Premises details:

The Port Elizabeth shop is +-80m2 and the Jeffrey’s Bay shop is +-60m2. Both shops are fully fitted to the standards of the major brand holder

Size in square feet:

The Port Elizabeth shop is +-80m2 and the Jeffrey’s Bay shop is +-60m2

Business Operation

Expansion potential:

Further growth of the current client base, internet sales, sales to other stores, new product ranges and the creation of other shops in towns in the surrounding areas are all super future prospects for the business

Competition / Market:

Other clothing stores will offer competition but due to the major clothing brand carried by the stores the stores are actively sought out by customers

Reasons for selling:

Retirement

Trading hours:

Monday to Friday: (09h00 to 17h00)
Saturday: (08h30 to 15h00)
Sunday: (10h00 to 13h00)

Employees:

The business has a total of 8 full time employees (incl a GM who runs daily operations)

Years established:

The PE store is 5 years old and the Jeffrey’s Bay store is about 3 years

Franchise terms

The business does NOT form part of a franchise group but as the clothing line carried is almost 90% of this well known brand, the stores need to meet the standards / décor required by the Brand holder. What is a fantastic bonus is that NO royalties are paid due to the stores carrying other clothing ranges and not being exclusive to one brand. Brand Holder approval of the buyer is a requirement

Other information

Support & training:

Full training and support will be provided

Furniture / Fixtures value:

R2,000,000 (included in the asking price)

Inventory / Stock value:

R3,000,000 (included in the asking price)

Related documents:

• 
• Business Prospectus

Relocatable:

This business can be relocated.