Profitable Schoolwear And Sportswear Store

Great opportunity to purchase a long established and profitable business with a captive market.
Situated in a strip mall in the Northern suburbs of JHB with loads of schools in the area.
This Business has grown from strength to strength since opening 45 years ago!
Starting with 1 primary school they are now uniform and sportswear suppliers for over 25 schools.

Staff – 4 highly experienced full time staff. ( + Up to 20 casuals employed over Dec/Jan.)

Asset value – R1 million.

Average Turnover – R11 million per annum.

Average net profits – R3,84 million per annum.

Selling price – R9,6 million (+ stock.)

Stock Value – R3 million – R5 million.

Future Potential – Further schools can easily be added to the offering meaning higher turnover and profits!

More info will only be provided on signing an NDA and Proof of Funds.