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 ref # 115


R 1 200 000 (70 381 EUR*)

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Over R800,000
R4,813,081 per year.

Retail Sports Shop

Price Excludes Stock and Vat.

This well-supported profitable sports shop was established in 2005 and is ideally situated in a recently revamped shopping mall in the centre of Port Alfred with ample parking.

The business is operated from 274 sqm of leased premises and the 3-year lease expires in July 2021 with an option to renew for a further 3 years.

The store is well stocked with most sporting equipment as well as local school uniforms and other related school and corporate clothing. The business is very popular, busy and it has limited competition.

The owner is actively involved on a day to day basis and is well supported by four permanent competent staff.

Staff:  4 Staff Members
Rental:  On Request
Asset Value:  R2,300,00
Cash Flow:  positive constant cash flow
Lease Terms:  option to renew
End of Current Lease:  July 2021
Years Established:  15 years.
Stock/Inventory Value:  R2,300,000

Trading Hours

Trading Hours:  Monday to Friday 08H00 - 17H00 ; Saturday 09H00 - 12H00

Message Agent

Neville  Loader, estate agent

+27 (0)71 327 5916
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