Business For Sale in Hermanus Central

An opportunity exist to purchase a well-established and growing Candy / Retail Store business in Hermanus that has been built up and operating successfully for close to 3 years. Established +- 3 years ago this established and centrally located business 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 start a new 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, world famous Hemel and Aarde Wine Farms, impressive selection of boutique shops and art galleries. The business opened in June 2021 and isrun by owners that are experienced in the hospitality industry, located in the Hermanus Water-Front Building in the centre of the Hermanus Business district. Through hard work and friendly service and with a pricing structure geared towards servicing the local community, this business has grown over the years and has become a household name in Hermanus. The business is operated as a company. Products and services offered: Sweets and chocolates Soft drinks, water and energy drinks Candy floss, slush puppies, popcorn, chips and soft serve ice cream Gift bags and lucky Packets Pies and home baked biscuits Jewellery and soft toys for children Equipment rental Location and Industry info Area : Overberg, Wester Cape,Hermanus CBD at the Water-Front Industry: Retail Pricing info Asking Price :R 730,000 excluding stock. Excludes VAT. Inventory / Stock Value :Stock levels varies during the year linked to the seasonal trend. +- R 18,000 and R 25,000 Value of assets: : R 120,000 included in the price excl stock Business info Established year : 2021 Years established:+- 3 years Legal entity : Company Reason for selling Owners want to travel and spend more time with family Trading hours:7 days a week -9:00 to 18:00 : Monday to Sunday Employees :3 4 contract employees Support and training: Yes owner is available for 1 week for support and training Relocatable:Yes, the business can be relocated within the Hermanus area. Business details: Turnover : R 1,5 m per annum Yearly Cash Flow : R 550,000 Value of assets: : R 120,000 included in the price excl stock Stock at cost : ranges between R 18,000 and R 25,000 (excluded from the asking price) Property details: Own property or leased : Leased Monthly rent : R 14,750including utilities per month Size of the property : 22sqm