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Retail Jeweller In Durban For Sale

Durban, KwaZulu - Natal
Asking Price:
R700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,200,000
Cash Flow:
R157,000

MUST SELL NOW - put in your offer as close to what is basically the stock+fittings price & obtain a well known jewelry store in a busy berea shopping mall ! NP of R157 000 pa with R600 000 stock & marked down fittings etc of R70 000, within the sale price of R700 000.
The store is prominently located in a busy suburban shopping mall and attracts foot traffic, as well as, a regular client base, built up over some 40 years plus....
The business is staffed by two managers and a part time lady. The owner works flexi hours. The business retails jewellery and buys gold which it sells to a refiner.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retiring

Other Information

Furniture / Fixtures value:
R70,000 - included in the asking price
Inventory / Stock value:
R610,000 - included in the asking price

Contact Information

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