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Established Online Cosmetics Retailer For Sale

Gauteng
Asking Price:
R8,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R17,500,000
Cash Flow:
R2,800,000

The business retails highly affordable hair,skincare, fragrances, nail products, cosmetics and accessories through mainly a multi-store retail presence and has developed an online shopping platform.

Property information

Real Estate:

Lease

Lease Terms:

Varies per store - lease schedule will be made available on request.

Leasehold Rent:

Varies per store per annum

Location:

There are 9 stores situated in malls around Gauteng

Premises Details:

The stores are leased retail space of between 100 and 400 squares in prime and key shopping malls

Business Operation

Expansion Potential:

Significant opportunities for online growth, coupled with a nation-wide store roll-out program particularly focused on affordability, with good margins.

Competition / Market:

Well-established affordable product range with good margins give this group of stores some competitive advantage. Retail volumes remain key to any growth and sustainable cashflows. Key supplier relationships will further enhance competitiveness against some of the larger retail chains.

Reasons for selling:

Retirement

Trading hours:

7 day-a-week retail hours

Employees:
53
Years established:
35 years

Other Information

Support & training:

The business has self-sustained managers and established training programs. Management support through a hand-over period will be available.

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R2,500,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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