Commercial For Sale.

R 2,500,000

Can I afford this?
15 days ago81 views
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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 exist to purchase a well-established and well known Beach, Surf and Sports shop that has been operating successfully for more than 30 years. The owner established this business 30+ years ago and has been operating within Hermanus ever since.This well-entrenched, well known business with a prime location next to at the main road is 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 base and 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 men’s 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 ...

Property Reference #: 7002001-40435

Agent Details:
Thinus Liebenberg
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274201164
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
Interest rate at 11.75% for 20 years *
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EXP Realty
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