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CAPE TOWN Commercial
for sale / to buy
Interior Decorating Service
CAPE TOWN, Western Cape, South Africa
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| Price:
R300,000
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INTERIOR DECORATORS
The current owner started the business when the mall where it is situated opened in 2001. The business consists of a retail outlet as well as interior decorating services delivered to customers at their houses. The owner provides a one stop service for customers: supplying samples, advice, quotes, sourcing, making up of items (eg curtains, flooring), arranging for installation as well as supervision of the project. The shop is the sole stockist of the sought after Carrol Boyes range in the area. The business is a resource centre and consulting support for home decorators.
The business is located in one of the fastest growing residential areas in South Africa. The retail outlet of this business is well located at the entrance to the key anchor tenant (Pick n Pay) in a shopping mall: this ensures business from passers-by. The clientiele of the business consists of new residents decorating newly built homes as well as existing residents doing renovations. Most of the customers are from the surrounding areas.
The business has seen a steady growth in turnover. For the financial year ending Feb 2006 the turnover was R880,000 with a net profit of R360,000. The owner can provide proof of financials. There are fluctuations from month to month.
The shop will be sold with the required assets, such as shopfitting. Stock value is around R45,000 off season, but goes up to R80,000 during peak season. The seller is willing to lower the stock value.
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Property Facilities |
CAPE TOWN property |
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| ◊ Bedrooms: 0◊ Bathrooms: 0 |
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Contact Details |
CAPE TOWN property |
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Benhard Wiese
Tel: 084 611 2293
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to e-mail this agent |
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