Business for Sale

Jewellery Store Long Established for Sale

business for sale Upmarket jewellery shop situated in a large Shopping Centre with many anchor tenants. The Jewellery store is long established with one owner since establishment, solid business with excellent cash flow.

Business Details

REF AB59
Asked Price R 3,200,000
Location Port Elizabeth | Eastern Cape | Port Elizabeth
Business Type Other Retail Trade
Reason for SellingOwner retiring
Year Established2006
Number of Employees 5
Monthly TurnoverR 450,000
Monthly Net Profit R 90,000
Monthly Payroll Expense R 150,000
Movable Assets Value R 1,200,000
Stock Value R 2,200,000
Owner Oporated Business Yes
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableNo
Size 80000 M2
Lease Term 4 Years
Monthly Rental R 40,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation