Specialized Sport Goods Import and Distribution
R 880,000Pretoria - CentralListing: #13896
About this business for saleSpecialized Sport Goods Import and Distribution
Here is an ideal opportunity for someone with a keen interest in sport.
This Pretoria based importer and distributor of sport goods specialize in professional branded quality goods. They focus primarily on a growing niche market, supplying high end products to professional sport men and women, as well as enthusiasts, young and old .
The particular sport they specialize in is a growing market and very popular with young and old. The sport was an Olympic event up till a few years ago but was removed from the list to make way for other events.
It has recently been decided by the Olympic committee that the sport will re-join the 2020 Olympics again and it is for this reason amongst others that the sport has now flared up with renewed interest by all resulting in better coverage and more specialization. These events place this business ahead with regards to equipment and accessories.
The business is still a young business founded as recently as 2012 by the present owners who saw a need for the particular sector of the market. They literally started “in the garage” and although it is still a home – based business, it has now grown into a well known brand amongst the fraternity they serve.
They trade with imported goods sourced from the best overseas suppliers with whom they have special import arrangements. They have a storage unit where the bulk of the products are housed.
The business has now settled into an easily managed operation and is ready to be taken to the next level by the new owner.
Average monthly turnover for the period March to December 2014 was R 118,308.00, GP % is 39 % and after expenses the business nets R 19,102.00 pm.
The business operates in the name of a company which will be taken over by the buyer to secure the international agreements. The business is VAT registered.
Kindly contact the listing Broker for a more detailed Information Memorandum.