About this business for saleMENS OUTFITTERS
This business, situated a high traffic area near a metro railway station, east of Johannesburg. It was established 44 years ago by the owner's father, and caters to the passing trade - mostly clients from the previously disadvantaged community who are prepared to invest in the highest quality branded clothing and shoes.
They stock only the best brands like Crocket & Jones, Barker, Saxon, Johnson & Murphy. Nevada, Brentwood and Dickies. They are a well know destination store, with repeat customers that have been buying from them for years. The shop is extremely well laid out, attractive and very well stocked. Their competitive advantage in the area is their large range and stock availability.
The owner works full-time in the business and has two assistants who have been with him for 15 and 20 years respectively.
The present owner took over from his father in 1988 and now wishes to retire.
+27 81 783 8759
*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.