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Coffee Shop And Family RestaurantAdvert Id: 275012
Asking Price:R830 000 (negotiable)
- Sales revenue : R230,000 p/m
- Net profit : R30,000 - 60,000
- Furniture/Fixtures value : R960,400
- Inventory/Stock value : R25,000
Average monthly turnover of R230k - R300k. Movable asset value (including stock) valued at approximately R985k.
Solid regular customer base, yet big potential to expand and increase capacity.
Large restaurant space with inside and outside seating. Patio (deck) seating split between smoking and non-smoking areas and recent upgrades to patio area provides warm and cozy atmosphere at night. 3 large screen televisions installed with HD sports viewing available. 11 trained staff (7 permanently employed). 2 qualified baristas.
- Selling Assets: Various kitchen appliances such as ovens, microwaves, coffee machines etc. Recently acquired pizza oven Walk-in cold room Various fridges for cakes, deli items, soft drinks and frozen meals IT System, including 2 computers and installed and fully licensed software Samba POS system
- Competition: no direct competition within the centre. Famous large grocery store next to restaurant ensuring regular feet.
- Employees: 11
- Trading Hours: 7h15 - 21h00
- Support Training: Current management team will provide assistance and training as and where necessary and required
- Reason For Selling: Owners only involved in the business on a part-time basis and want to shift focus to full time occupations and other ventures
- Lease Terms: 4 and a half year lease agreement in place. Only 7% yearly escalation.
- Seller Name : Wihan
- Phone : Click here for phone number
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