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 ref # 164


R 1 000 000 (58 651 EUR*)

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R450,943 per year.
R1,954,300 per year.

Fishing Gear Retail Shop

This angling retailer has been in business for 15 years. They only do fishing gear.

So, what makes this business a survivor through some tough years since 2005?

• The owners have committed to stock in its broadest range and definitely enough of everything.
• The owners have been personally tending their store, and this attracts loyalty.
• Being in the same location with great visibility and ample parking for all these years secures consistency and loyalty.

The Buyer would have to be fanatical about Angling and must know his hooks from his swivels.

The customers generally know their fishing and they would want someone who can advise them on angling matters, and of course also to be able to commiserate about “the one that got away.”

The social and sport fishing industry is a growth industry, especially in the greater Garden Route area. It is a well-known statistic that the area is the desired destination for people wanting to relocate from the busy cities of our country. The area is a massive holiday destination for South Africans and very much so for foreigners.

Why should this business not continue to flourish? It is easy to manage and could be your doorway to the lifestyle change you have been dreaming of.

Rental:  R12,400 per month.
Asset Value:  R170,000.
Cash Flow:  R450,943 per year.
Lease Terms:  Escalation of 6% per year.
Years Established:  15 years.

Trading Hours

Trading Hours:  Mon - Fri: 08:00 - 17:00. Sat 08:00 - 13:00

Message Agent

Chris Woodcock , estate agent

+27 (0)83 376 1149
+27 (0)44 012 5004
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