Bargain! Urgent sale of an East London Buy & Sell!
About this business for saleBargain! Urgent sale of an East London Buy & Sell!
Price reduced to sell! These owners are emigrating and urgently need to sell. This lucrative, well positioned Buy and Sell shop is a fantastic opportunity.
The business has been in operation since 2013 and during this short time has accumulated a strong client base. The shop is well positioned for the buy and sell market and has built a strong reputable name.
The business has shown good growth since it started with great untouched opportunities. The opportunities of pawning and trading in gold and silver could easily be added to the business.
The asking price is R 250 000 and this includes R 80 000 worth of stock.
This opportunity offers a return on investment of 40% and/or a 31 month payback.
The business has all licenses in place and has secured a long term lease for the premises.
This is definitely an opportunity not to be missed!
*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.