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 ref # 142


R 399 000 (21 626 EUR*)

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R274,043 per annum.
R1,361,670 per annum.

Profitable, Upmarket Ladies Shoe Boutique

This profitable, upmarket and well-established shoe boutique has been trading for the past 25 years. They offer quality ladies footwear, handbags, and hosiery to a discerning clientele. Their stock comprises exclusive ranges of leather footwear in classic comfort, high-fashion synthetics, and comfort walking brands.

The boutique is well-positioned at the entrance to a busy shopping center and has excellent visibility. This business has acquired a good reputation in the trade and is known for providing quality products and superb individualized service. The store is managed on a daily basis by the owner, with the assistance of two well-trained and experienced staff members. This business has shown strong year-on-year growth over the past several years and has recently achieved its best month of sales ever!

This opportunity is very well priced at R399 000 (plus stock of approx R330 000). At this price the business offers an excellent return on investment of 40% (incl. Stock) or a monthly payback of 30 Months. For further information regarding this excellent business opportunity, contact the listing broker - Greg King (084 556 6166)

Staff:  2 staff members
Rental:  R11,086 per month.
Asset Value:  R330,000
Cash Flow:  R274,043 per annum.
Lease Terms:  Escalation of 8% per year.
Years Established:  31 years.
Stock/Inventory Value:  R86,700

Trading Hours

Trading Hours:  Mon – Fri: 9 – 5pm Sat: 9 – 1pm Sun:Closed

Message Agent

Greg King, estate agent

+27 (0)84 556 6166
+27 (0)44 012 5004
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