Verified Listing
Posted on July 15, 2019 / 202
Price : R1,000,000
Listing Type : Outdoor
Location : Western Cape
Ref. No : 2572
Year Established : 2007
No. of Employees : 3
Turnover : R 162 815
Cost of Sales : R 91 194
Expenses : R 37 735
Net Profit : R 33 455
Asset Value : R 200 000
Stock Value : R 1 306 264

A lucrative well-known fishing tackle shop in Western Cape that has served the shark and game fish fishermen who come from all over the country for more than 11 years now.

This business sells quality fishing gear and advises its clients on which gear they should buy for their specific needs. They stock a wide range of fishing reels, fishing rods, quality hooks, Fresh Bait, Edibles, rock fishing  and other accessories.

For the beginners they also have a wide range of literature to get them started with knots and other tricks of fishing. This business has increased its annual turnover from R 1,176,000.00 in 2009 to R 2,124,000.00 in 2019 with an average stock holding of R 1,322,000.00.

Hours of Operation: 8:00 – 17:00 Weekdays and 8:00 – 13:00 Saturday

Mfundo Nhlabati – Head Office