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Prime Investment Business In Johannesburg For Sale

Johannesburg, Gauteng
Asking Price:
R27,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R18,500,000
Cash Flow:
R36,000,000

The property is a highly sought after Ultra-Prime retail and general business site.

Located at a very strategic main intersection off the major arterial Jan Smuts avenue that connects Randburg to Johannesburg, at the entrance to the suburb of Blairgowrie.

It was at this site that I opened the very first standalone Timbercity franchise store in 1983 and it continues to operate to this day. Over the years it became a very successful wood, board and general hardware retailer to the general public.

Unfortunately around 2016 my health began to deteriorate and I began looking at selling the business. However, I am now 72 years of age and I am looking to sell the aforementioned business.

The property including the Timbercity store (2200sqm) as well as a property next door (1381sqm), which currently has a house on it, is also available. This allows access for access for heavy duty truck access without disturbance to the general carpark. These areas also allow for possible future expansion of the business if required. Options to extend are available to expand onto connecting properties (6000sqm total) on a perfect rectangle.

We are Zoned Business One and zoned for extending upwards as well. For more information please contact myself (Robbie).

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Location:

Jan Smuts Avenue and Gordon Avenue Randburg, Johannesburg

Premises Details:

2200sqm for the business and 1381 for an adjacent owned property. Zoned Business One for the business with vertical expansion zoning.

Business Operation

Expansion Potential:

Adjacent owned current residential property. Possibility of an extra 2400sqm on enquiry also adjacent.

Competition / Market:

Builders Warehouse (<3km)
Builders Express(<3km)
Build Plumb and Tile (<3km)

Reasons for selling:

Age and Health of owner.

Trading hours:

08:00-17:00 Weekdays
08:00-16:00 Saturdays
09:00-13:00 Sundays and Public Holidays

Employees:
15
Years established:
1983-current

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

To be Discussed.

Other Information

Support & training:

Franchise support available.

Furniture / Fixtures value:
R500,000 - included in the asking price
Inventory / Stock value:
R2,500,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Information

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