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MACYOUNG: Very Successful Coffee Shop in Garden Route

R 1,500,000
Just Listed

Overview

Property Description

About this Business: This coffee shop is very uniquely located with regular clientele and select menu of coffee, breakfast and lunch.

 

History: The coffee shop was established in 2020 in a centre with a very specific market focus and clientele. There are almost no “competitors” in the immediate surrounding.

 

Staff: All staff are skilled and trained within their specific job function.

 

Scalability: The coffee shop is very scalable due to the location and option to extend on current menu offering.

 

Figures: Annual revenue circa R3mil, delivering earnings around R720,000(EBIT)

 

Assets: The asset inventory is valued at R483,000. (32% asset value!)

 

Reason for Selling: Refocus on business strategy.

 

Selling Price: R1,5m (Vehicle HP to be taken over)

 

ROI: 48%!

Property Id : 3189
Price: R 1,500,000

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Zenita De Villiers [MacYoung] Business Practitioner