House & Home - Garden Route
About this business for saleHouse & Home - Garden Route
This business was established 25 years ago by the seller and is operating from a 700sqm retail shop. It had its humble beginnings in 1986 when it was started as a family business. The business is well established with a good track record and reputation. They are located in a prime position with good visibility and ample parking.
The premises are very neat and the shop creates a welcoming atmosphere with all items being displayed so that one can find items easily. They offer a one stop shop for soft furnishings for the home. This business comprises two divisions namely, Retail and Service.
This business offers a special and unique service where they will design or manufacture almost any specific decor requirements like hospital rails, blinds, etc.
The business has a reputation for keeping a variety of stock items and all at best quality and good prices. It is the only business of its kind in the Garden Route and no other home decor retail shop offers the same variety and range of products under one roof.
The business has a regular client base which is well established. They work in the area from Still Bay to Plettenberg Bay. The market profile for this business is lower to medium/high income groups. They get a lot of return business from their existing clients. They don't do any marketing / advertising and all business is generated by word of mouth advertising. They are also the preferred supplier to some bigger companies in the area.
The business has huge potential to grow. With the new owner will come new ideas and a fresh look on the existing operations and can take this company to new heights. The seller's ideas about expanding and growth potential will be discussed with a serious buyer. The buyer should consider investing in a marketing campaign, advertising specials on a regular base.
The business is easy to manage and the staff are all well trained and well experienced in what they do. They have a small team of only 4 staff members which includes a store manager. The business does not need owner input from open to close, but it also cannot operate without owner involvement.
This business can easily be operated by a sales and customer driven entrepreneur and previous retail experience will be to the new owner's advantage. It can offer a very satisfying working environment for somebody with a flair for interior decorating and knowledge of the soft furnishings industry, but this is no prerequisite for operating the business successfully.
+27 83 226 9017
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.