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Businesses For Sale   >>   South Africa Businesses For Sale Categories   >>   

Antique And Collectibles Store

Location  South Africa
Asking Price Range  < $250K
Gross Revenues  $216000
Net Profit / Cash Flow  $34000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2002
Number of Employees  1 - 3
Inventory  75000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Death of spouse.
Description  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.
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