Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Novelties, Gifts & Accessories - Little Karoo

LISTING DETAILS
Firms For Sale ID:
31907
Vendor reference:
12343
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$330,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This unique owner-operated retail outlet was first established by the current owners in 2004. The business is conveniently located in the Town Centre trading competitively in novelties notwithstanding the large corporates in and around the area.

The range comprises costumes, cosmetics, hairpieces and wigs, a range of 21st Birthday products, Wedding accessories, licensed Fireworks, selected jewellery, Stickers and decals, Incense and Baking accessories.

The target market comprises the whole community of the district. The business advertises in the local advertiser and also promotes the business with the use of coupons.

The Business focuses on parties and related accessories so that, Schools and Colleges are important customers. The selling price includes stock in the value of R30, 000.00 at cost.

Growth opportunity lies in wholesale supply to smaller shops in outlying towns. Opportunities also exist in supplying Spaza Shops and house shops in the previous townships and locations. This tastefully presented outlet can be likened to either one of the brands; Beauty Value, Crazy Store, Clicks, Reggies & American Swiss.

The owner of this business has a second business in the same Town which itself is on the market and listed with LINK Business Brokers.

Also relatively unique in nature, the turnover and profitability of the outlet is similar in kind to this. The mandating Broker has been given explicit instructions that the two businesses be marketed and sold as one. Only in exceptional circumstances (i.e. both sold independently within a week or two of each other) will separate offers be considered.

The collective price can be negotiated with the Seller and in the process, present a lower-risk investment for obvious reasons i.e. not placing all eggs in one basket !

The owner is prepared to remain on in the business for an agreed period of time to facilitate a smooth transitional hand-over.