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  Art and Decor Gallery  

 

PROFILE    
Description:    This very easy to manage art and decor gallery was established 21 years ago and has been in its shopping centre location for 6 years. The decor sales are particularly profitable. Various artists are promoted and some stock is consignment funded.
Industry / Sector:    Retail - Other
LOCATION    
State / Province:    Western Cape RSA
City / Town:    Strand Area
Location / Area:    Strand Area
Portability:    Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
PRICE    
Asking Price:    R 3 300 000
Conditions:    Price excludes stock. No terms, cash transaction anly.
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 265 000 per month
Profit:    R 155 000 per month
Annual Return:    56 % per annum
No. of Staff:    3
Year Established:    1995
Legal Persona:    Close Corporation
Other Information:     
  LIFESTYLE ISSUES  
The trading hours are:...............
    -   Mon to Fri : 9:00am - 6:00pm
    -   Saturdays : 9:00am - 5:00pm
    -   Sundays : 9:00am - 2:00pm

 

 

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Record ID: 2655
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