Lucrative Gifting Retail Business

  • R6,800,000
Cresta Shopping Centre, Weltevreden Road, Cresta, Randburg, South Africa, Gauteng, Johannesburg
  • Retail
  • Business Industry
  • 600
  • 2013
  • Year Established

Lucrative Gifting Retail Business

Cresta Shopping Centre, Weltevreden Road, Cresta, Randburg, South Africa, Gauteng, Johannesburg
  • R6,800,000

Description

  • City Johannesburg
  • Suburb Gauteng

Details

Updated on October 25, 2023 at 9:28 am
  • Business ID: BB18519
  • Price: R6,800,000
  • Business Size: 600 m²
  • Year Established: 2013
  • Business Industry: Retail
  • Business Status: For Sale
  • Type of Business: Retail Clothing
  • Asset Total: 500000
  • Monthly Profit: 235000
  • Estimated Selling Price Based on Assets: 1000000
  • Estimated Selling Price Based on Profit: 5640000
  • Stock Value: 1800000
  • Business Activities: This successful and lucrative high-end gifting retail business is now available for acquisition. This lucrative bespoke gifting retail business is based in Gauteng, South Africa. This retail business comes with a physical store and a carefully curated online platform which showcases an impressive inventory attractively. The store is in a high-traffic, busy shopping centre with ample customer parking. Imagine a haven where essential luxuries, lavish gifts, indulgent bath & body products, and stunning jewellery converge. This store is a sanctuary of unique finds, curated through a meticulous and ongoing search for beloved brands that have become synonymous with their identity. The atmosphere instils serenity through colour, visual display and warm notes of world music. Customers feel enticed to meander through the store, thrilled by the discovery of each new item and permeated by the feeling of must have it, can’t leave without it. After all, this long-standing business is a destination retail shop with a unique offering where a signature subversive style is taken to sophisticated heights, always with an eye to the sustainable and eco-conscious and an emphasis on local enterprise. The company caters for the middle to high-income bracket in a prime location with exceptional growth opportunities. The lucrative gifting retail business store is beautifully laid out, with ample items to catch the consumer’s eye. The staff has been with the business for many years and has an excellent relationship with the clientele, who trust their advice. The staff is expected to remain after the sale. Seize this opportunity to enter a thriving business. The business has an excellent website, and there is ample opportunity to grow this business. The seller will remain sufficient to transition the business to the new owner.
  • Reason for sale: Moving to a new industry
  • First Name: Clothing store
  • Cellphone Number: 0627360680

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  • Chris Administrator