Business for Sale

Gift Store Well Renowned for Sale

business for sale

Business Details

REF AB89
Asked Price R 1,200,000
Location Durban | KwaZulu-Natal | Northern Suburbs near Umhlanga
Business Type Florist & Gifts
Reason for SellingOwner is selling due to declining health issues
Year Established2007
Number of Employees 8
Monthly TurnoverR 270,000
Monthly Net Profit R 35,000
Monthly Payroll Expense R 130,000
Movable Assets Value R 400,000
Stock Value R 200,000
Owner Oporated Business Yes
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 140 M2
Lease Term 1 Years
Monthly Rental R 27,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation