Description
Discover a hidden gem in the heart of Paarden Eiland, Cape Town – an exclusive opportunity to own and revamp a prime retail store. Although the store is currently running at a loss, the reason is straightforward: lack of proper management. However, with your expertise and attention as the new operator, this business is primed for a swift turnaround.
A brand refresh is on the horizon, breathing new life into the store’s identity and appeal. Notably, the store features a spacious workshop that has incredible potential once incorporated into the revitalized branch.
Now, let’s discuss the business valuation method. By employing the widely recognized P/E Ratio, which multiplies the last year’s net profit before tax (EBITDA) by THREE, we arrive at a standard starting point. Naturally, this multiplier may be adjusted, based on specific circumstances unique to the business being valued.
It’s important to note that a formal valuation has not been conducted on this branch. Instead, we offer this opportunity at a price significantly below its asset and setup value – a truly exceptional deal!
Key Points:
Location: Paarden Eiland, Cape Town
Current Status: Running at a loss due to management issues
Potential: A revamp and dedicated attention will lead to a rapid turnaround
Workshop: A spacious and valuable asset within the store
Valuation Method: P/E Ratio with the possibility of adjustments
Inclusions: All assets, staff, training, and a comprehensive handover to ensure your success
Exclusions: Franchise joining fee, revamp costs, and rental deposit
Selling Price: Non-negotiable @ R 700,000
Don’t miss this rare chance to acquire a head office-owned and managed store in a strategic location. Act swiftly to secure this outstanding opportunity and unlock the store’s full potential. Contact us now to take the first step toward a lucrative future!
Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.
Contact us via our online form or phone the Broker 0762659089 or sales@graphitebusinessbrokers.co.za
Location
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Paarden Eiland, Cape Town, South Africa
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