Tourist Gift Shop In Prime Durban Beachfront Location For Sale

Description

Business type: tourist gift shop

Location: Durban waterfront mall

Current status: established operating retail business

Products and market

Product focus: South African goods

Middle-market customers: served

Upper-market customers: served

Local tourists: existing

National tourists: existing

International tourists: existing

Location

Trading position: prime waterfront mall location

Direct competitors: none stated

Staff

Manager: 1

Sales assistants: 2

Casual staff: used when required

Financial information

Asking price: R700,000

Stock: excluded from the asking price

Stock value: approximately R300,000

Reason for sale

Owner retirement: reason for sale

Expansion options

Further retail growth: possible

Additional tourist market development: possible