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Business Details

Retail REF: BIZ57774  
Listing Date: 04-11-09 Turnover: R 760 000
Asking Price: R 275 000 Annual Gross Profit: R 304 000
Property Included: No Annual Net Profit: R 168 000
Category Description: Sales
Lease Term: Can be arranged
Lease Details:
Rental Amount: R 3 500
Staff Details:  
No Full time Staff: 1 No part time Staff: 1
Reason For Selling: Owner is wanting to retire
Business History:
 The business has been operational since 2001.
Turnover Details: The current annual turnover is R760 000
Asset Details: Stock is estimated at R226 000 which is an additional cost
Working Capital Requirements: Estimated working capital requirements is R15 000
General Comments: The business is stable and has been operational since 2001 and specialises in the sale of Mountain bike and childrens bikes.
Listing Brokers Name: Gerard Ronan Branch: Midlands
Office Number: 033 386 6185 Email Address: gr@biz-net.co.za
Cell Number: 082 820 6770 Fax Number: 086 669 2004
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