Commercial space in Eastcliff

Established +- 3 years ago this 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 is run by two owners that are experienced in the hospitality industry, located in the Hermanus Water-Front Building in the centre of the Hermanus Business district.

The business opened in June 2021 and has grown over the years. Through hard work and friendly service and with a pricing structure geared towards servicing the local community, this business 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

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

Industry:Retail

Business info

Location:Area : Overberg, Wester Cape - Hermanus CBD at the Waterfront

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 Saturday and 10:00 to 18:00 on Sundays

Employees:3 4 contract employees

Years established:+- 3 years

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.

Potential expansion of the business :Increased focus on equipment rental and functions as well as on off-site sales at the Water-Front

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

Established year : 2021

Legal entity : Company