Selling a property or share in a property - BUS000067
PRICE RANGE: Between R2 500 000 and R5 000 000
REASON FOR SELLING: Owners looking for new challenges
ANNUAL BUSINESS EARNINGS: Between R200 000 and R400 000
What Financial Information Is Available To Review? (Only Disclosed To Serious Buyers) Audited Annual Financial Statements with full audit trail
WHAT TYPE OF INDUSTRY IS THE BUSINESS IN? REPLY: Financial
WHERE IS BUSINESS LOCATED? REPLY: KZN - South Coast
Is Management Available To Ensure A Smooth Transition? REPLY: Owner and senior management are available
How Many Multiples Of Annual Earnings Are You Selling The Business For? REPLY: 3 years profits
What Type Of Property Is It? REPLY: Commercial Retail
What Is The Estimated Annual Net Rental Yield On The Property After Expenses? REPLY: 17%
Where Is The Property Located? REPLY: Gauteng - Pretoria
When Do The Majority Of The Leases Expire? REPLY: 9 year expiry
Are There Any Major Upgrades Or Repairs Needed Eg. Airconditioning, Lifts, Concrete? REPLY: Yes, required immediately
Are Fully Approved Building Plans Available? REPLY: Yes