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Antique And Collectibles Store
Location: South Africa -> Pretoria
Industry: Retail > Other Retail




Business Summary

Well established antique store in Pretoria. Located next to an ATM, which results in visibility. The shop has been at the same premise for more than four years. The current owner has been there for the past 18 months. It sells antiques and second hand books to other antique stores and normal buyers. Purchases are made through catalogues, other antique stores and specific suppliers. The sale includes all stock, fittings, suppliers and customer lists. Training will be provided.Full financial statements are available and an existing record keeping system is in place.

The Net profit for the 11 months up to 28 February 2006 is R34, 835.56 ( R3167 per month). The Gross Profit for the same period was R128,042.00. Salaries of R44 0000 were paid during this period. The Gross income for the period was R216, 218.00 Selling Price: R220 000. 150% markup on items. (Stock value - at cost price- selling price of stock can be calcualted at cost plus 150% markup. Contact for more information on this Antique And Collectibles business for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $216,000
Cash Flow:   $34,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Death of spouse.




Print Listing Id: 70048840
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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