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  • Mandate: 33055
  • Added: 25 Feb 2020
  • AFS
  • 354

Boutique Clothing Store Centurion | Aldes Jacaranda

Gauteng, Centurion
354
Mandate 33055
Added 25 Feb 2020
R 300,000* ZAR
Stock: R 170,000
Assets: R 250,000
R 10,330 ZAR
Eduan Swart
(PRINCIPAL)
Aldes Jacaranda
Gauteng, Centurion
Gauteng, Centurion
Summary

Businesses For Sale from Aldes Jacaranda - Boutique Clothing Store For Sale in Centurion with Excellent Positioning in Regional Mall. Reduced Price!

Boutique Clothing Store  Centurion | Aldes Jacaranda
SELLING PRICE AFS
R 300,000* ZAR
Stock: R170,000
Assets: R250,000
R 10,330 ZAR
Summary

Businesses For Sale from Aldes Jacaranda - Boutique Clothing Store For Sale in Centurion with Excellent Positioning in Regional Mall. Reduced Price!

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Fully describe the business's activities?
This boutique clothing store for woman trades in locally made clothing and accessories catering for a middle to high LSM. The store has been trading for 17 years in Centurion and currently trades out of a prime retail space with a high footfall amongst well known national brands.

How does the business operate on a daily basis?
The business opens at 09:00 and closes at 18:00 with a staff compliment of 2 along with the owner.

How are the clients attracted to the business?
The business does benefit from a high flow of foot traffic because of its positioning, however the market it trades to requires a digital marketing presence. - New and regular customers are targeted using Google and Facebook marketing campaigns.

Are there up-to-date Management Accounts available?
Yes, and they are kept up to date by an accounting firm.

What Balance Sheet and Income Statements are available?
Current and previous years.

How could the profitability of the business be improved?
Providing and online ordering solution to clients could lead to an increase in sale, specifically to customers outside the immediate trading area.

How involved is the Owner in running the business?
The owner is hands-on, but is able to breakaway during the week or over weekends and leaves the store in the hands of her trained and capable staff

When does the current lease end?
March 2021

Is there an option of renewal & what period?
Yes, further 3 to 5 years.

What are the trading hours?
7 Days a week, 09:00 to 18:00.

What is the square meters of the business?
55m2

What are the main assets of the business?
- Shop-fitting, fixtures and fittings - Point Of Sale System - Stock in Trade

What is their overall condition?
As New!

What is the reason for the sale?
The owner is nearing retirement but also wants to focus on other business interests and will also be relocating as a result.

Why is this a good business?
- Prime Site - Excellent Opportunity for Growth under New Ownership - Easy to Manage - High Basket Value / Average Sales Value

What is the price plus stock and the profit?
Selling for R130 000 plus the value of Stock in Trade estimated at R170 000. - Annual EBITDA of R124 000.

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FRANCHISE DETAILS

Aldes Jacaranda

2 members
19 active mandates
Gauteng , Centurion
14 Brook Crescent Midfield Estate Midstream Olifantsfontein
Centurion
0181

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