Profitable Bicycle Sales & Electronics Business & Property In Johannesburg For Sale

Description

Business type: bicycle parts and electronics retail business

Location: Johannesburg CBD

Trading history: more than 40 years

Current status: established operating business

Profitability: reported as highly profitable

Products

Bicycle parts: sold

Electronics: sold

Customers

Loyal customer base: established

Repeat business: established

Financial information

Annual net profit: R720,000

Operating costs: stated as low

Asking price: R1,500,000

Property

Property: included in the sale

Property type: corner-positioned commercial building

Location visibility: high

Foot traffic: high

Accessibility: established

Alternative property use

• Continued retail use
• Restaurant conversion
• Takeaway conversion

Transaction details

Business and property: sold together

Turnkey operation: yes