Well Established Gift Shops For Sale

Description

Business type: homeware and gifting retail stores

Location: Cape Town area

Businesses included: 2

Sale structure: package deal

Store locations

Retail locations: 2 separate high-traffic areas

Customer exposure: diversified across both stores

Foot traffic: described as consistent

Products

• Gifts
• Home décor
• Lifestyle products
• Homeware

Customers

Local customer base: established

Tourist customers: existing

Repeat clientele: existing

Financial performance

Combined average monthly net profit: approximately R83,000

Stock turnover: approximately 3 to 4 times per year

Operations

Both stores: fully operational

Branding: established

Operating systems: established

Supplier relationships: established

Operational processes: established

Operating model

Owner-operator model: possible

Semi-passive ownership: possible

Two-store structure: allows shared buying and operating efficiencies

Expansion options

• Increase purchasing leverage
• Streamline shared operations
• Grow sales across both locations
• Expand retail portfolio
• Increase tourist-focused sales

Reason for sale

Owner circumstances: changed

Sale reason: not related to business performance

Financial information

VAT: excluded from the asking price

Stock: excluded from the asking price

Stock value: amount to be confirmed