Commercial For Sale.
Well entrenched Beach and Surf Shop in Hermanus CBD, Overberg, Western Cape For Sale
A rare opportunity like this doesn''t come around every day. An opportunity existto purchase awell-established and well known Beach, Surf and Sports shopthathas been operating successfullyfor more than 30 years.The ownerestablished this business 30+ years ago and has been operating within Hermanus ever since.This well-entrenched, well knownbusiness with a prime location next to at the main roadis situated in the heart of the beautiful and sought after coastal town of Hermanus part of the Overberg in the Western Cape. This is an ideal opportunity to acquire a well entrenched business with a solid client baseand to start a quality life in Hermanus the land based Whale viewing Capital. If you are a business-minded entrepreneur this an opportunity not to be missed!
Hermanus is +- 1.5 hour from the Cape Town Airport and 60 minutes away from Somerset West and only 20 minutes away from Stanford. Hermanus has earned a reputation as the best land-based whale-watching destination in Africa, if not the world. Hermanus is also known for its gourmet restaurants, Blue flag beaches, world famous Hemel and Aarde Wine Farms, impressive selection of boutique shops and art galleries.
Given the prime location of the business it is highly visible with sufficient parking. The business is and has been owner run and has expanded & grown over the years and moved to new and bigger premises +- 2 years ago. Attracting tourists as well as locals alike this business offers an exceptional variety of Surf, sports and clothing merchandise. The business provides a steady revenue stream through the year with booming sales revenue during the holiday season December to January. This is a well-run business with a small staff component. The business is operating as a Closed Corporation and is a VAT registered vendor.
The selling price excludes stock and VAT.
Products and services for sale offered:
huge variety of fashionable branded surf clothing and gear
extensive mens and ladies swimwear
branded lifestyle accessories
large selection of surfboards, bodyboards, wetsuits and all other related equipment
a selection of diving equipment and wetsuits
a choice of various skateboards and accessories
daily and hourly rental of surfboards, bodyboards and wetsuits offered from the store
bookings of a separate surf school run from the beach done through the store
Asking Price :R 2,500,000excluding VAT + Stock. Furniture and fixtures included.
Sales Revenue : Available on request
Cash Flow : Available on request
Other financial information : All financials, Asset lists, stock lists, turnover trend analysis, etc are available on request
Territory Information
Area / Region : Overberg, Wester Cape. Hermanus CBD - Excellent location with ample parking
Location : Prime location next to the main road, City centre
: Business is located in the Central trading hub to Hermanus
Business Operation
Legal entity : Closed Corporation
Industry : Retail
Year established : 1993
Years established : 30 years
Reason for selling : Having run the Business for 30+ years the owner would like to retire.
Stock at cost : R 1.6m to R 2.2m (excluded from the asking price)
Trading hours : 7 days a week
Monday to Friday 9:00 to 17:00
Saturday to Sunday 9:00 to 14:00
Employees : 2 4 : Seasonal (besides the owners)
Potential expansion : to run the separate surf school from the store.
: to handle and refer bookings of trips for Boat Whale watching, Shark diving,
Hemel and Aarde Wine lands, etc from the shop
Relocatable : This business can be relocated
Competition / market : Nothing new of that hasn''t been there for a few years
Support and training :Owner is available for full training and support up to 6 months if required
:Full training on system and suppliers can be provided
Property information
Real estate : Lease
Premises details : Part of a road facing centrum
Lease terms : Option to renew
Size in square meters : 88.6sqm
Load shedding. : The trading of the business is not impacted by load shedding as the building
has a generator that runs during load shedding.
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