Authorized Watch and Jewellery Retailer
About this business for saleAuthorized Watch and Jewellery Retailer
Authorized watch and jewellery retailer for sale. Well positioned in a major shopping mall in East London with high visibility and plenty of passing trade. Solid business with over twenty years of trading in the East London market. Over this time it has established a good clientele in the jewellery and watch market. The asking price is R150,000 excluding Vat and Stock . The current stockholding is approximately R1,700,000.
The business has shown consistent profits over the last couple of years with a net profit (EBIDTA) of over R400,000 per annum. This provides for a very high return on investment. These business's hardly ever come on the market and is the ideal business for someone with retail experience.
For further information please contact Andre Theron on 0826761492.
*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.