Acquire A Premier Jewellery Lifestyle And Gift Store For Sale

Description

Business type: lifestyle retail boutique

Location: Hillcrest / Kloof area

Sale structure: going concern

Retail model: no manufacturing

Financial information

Annual turnover: approximately R1.8 million

Gross profit margin: approximately 62%

Asking price: R950,000

Stock value: approximately R600,000

Stock: excluded from the asking price

Going concern VAT rate: 0%

Product range

• Contemporary jewellery
• Home décor
• Gifts

Operations

Permanent staff: in place

Weekend casual staff: in place

Daily operations: staff managed

Combined owner involvement: approximately 29 hours per week

Location

Site management: Growthpoint

Visibility: described as high

Foot traffic: existing

Client concentration: described as low

Systems

Sage Online: in use

Cloud-based POS system: in use

Inventory control system: established

Financial records: available

Full asset register: available

Customers

Local customer base: established

Repeat clientele: existing

Expansion options

• E-commerce sales
• Social media marketing
• Additional online customer acquisition

Further information

Financial records and asset register: available to qualified buyers