|
PROFILE |
|
Description: |
|
This well known cycling shop was established 27 years ago with the existing owner (an enthusiastic cyclist himself) having the business for 20 years. The shop has been branded very effectively by supplying excellent service, participating in national cycling events and supplying mechanical services at such events. There are agreements in place with some wine farms where the business branding is marketed and exposure received continuously. The business also gets exposure through local rides, multi day events etc. He has nationally support clients. |
|
Industry / Sector: |
|
Services - Body and Health |
| |
|
LOCATION |
| State / Province: |
|
Western Cape RSA |
| City / Town: |
|
Western Cape |
|
Location / Area: |
|
Western Cape |
|
Portability: |
|
There is an existing lease on the property, but after the lease has expired, the business can be relocated in the area, but not advisable as the business is quite visible at present from various busy roads |
| |
|
PRICE |
|
Asking Price: |
|
R 13 120 000 |
| Conditions: |
|
Cash - this excludes stock of +/- R7 million |
| |
|
FINANCIAL & OPERATING INFORMATION |
| Turnover: |
|
R 2 000 000 per month
|
| Profit: |
|
R 260 000 per month
|
| Annual Return: |
|
24
% per annum
|
| No. of Staff: |
|
7 |
|
Year Established: |
|
1995 |
|
Legal Persona: |
|
Private Company (Pty) Ltd |
|
Other Information: |
|
|
©