Located in the bustling area of Edenvale, this established and profitable hardware store stands as an epitome of reliability, quality, and customer trust. Initiated in 2012, this owner-operated venture has earned its place in the community through consistent quality and service.
Business Overview:
- A Decade of Trust: Launched in 2012, this hardware store has nearly a decade of legacy and goodwill in the community.
- Strong Revenue Stream: With a monthly turnover of R 650,000 and net profit margins at R 65,000, this business showcases sound financial health.
- Dedicated Team: A cohesive team of 8 employees ensures the store’s smooth operation and top-tier customer service.
- Owner-Operated Assurance: The owner’s active involvement in the store’s operations guarantees impeccable standards and a strong customer relationship.
Financial and Operational Details:
- Valuable Assets: The store houses movable assets valued at R 300,000, which are instrumental in its daily operations.
- Robust Inventory: An extensive stockpile worth R 400,000 ensures that customers always find what they’re looking for.
- Transparent Finances: A monthly payroll expense of R 190,000 further underscores the store’s commitment to its employees.
Location and Premises:
- Centrally Located: Edenvale, with its dense residential layout and business hubs, guarantees high footfall.
- Spacious Interiors: At 380 m^2, the store offers a comfortable shopping experience and ample space for product displays.
- Stable Lease: A 5-year lease term assures continuity and offers the buyer a reasonable timeframe to further establish the business.
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If you’re looking to invest in a tried-and-tested business model, this hardware store in Edenvale presents an ideal opportunity. With its impressive financial records, dedicated team, and an owner who’s keen to assist and train the buyer, this sale offers a seamless transition for the new owner. Don’t miss out on the chance to become a prominent business figure in the Edenvale community. Take the reins and continue the legacy of excellence and trust!
