About This Property
Diverse business in the Home industry retail sector with an amazing 85 % return on net assets for sale at prime location in Dana Baai. Most of the products on sale is manufactured using own equipment (value 150 000). It is a solid business with no debt and all purchases is done on a strict cash buy policy. Using the multiple earnings method to determine the market value of the business, the asking price is way below this. All figures can be proven. Huge potential exist for the a hands on owner managed business. Payback period based on current results is one year. Contact us for a viewing and due diligence.
Features
Property Type
Commercial
Listing Purpose
Sale
Municipal Rates
2200 Estimated Price
Occupation
On Transfer
Amenities
Stove/Oven
Amenities
- Furnished
