Property Description
*EXCLUSIVE MANDATE*
ABOUT THIS BUSINESS: This popular Coffee Shop offers a remarkable opportunity. Included are two liquor licenses; On-consumption as well as off-consumption. This store, offers a great opportunity for an owner operator to improve efficiencies and margins. The business is situated in a vibrant and bustling area with high traffic, known for its eclectic mix of retail attractions. The business presents an exceptional chance to enter the hospitality industry offering catering and events. The new owner will acquire not just a great location and a loyal customer base, but also benefit from the vast resources and expertise.
OPERATIONS: Owner managed with excellent, loyal staff.(Baristas)
SCALABILITY: Massive market to grow and expand with catering and functions.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R1,9m (Negotiable – Awaiting offers) as a going concern.
STOCK VALUE: R5,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,9m (Negotiable)
PROFITABILITY:
ANNUAL PROJECTED TURNOVER: R3m
AVERAGE MONTHLY PROJECTED TURNOVER : R250,000
NET PROFIT (EBITDA) PROJECTED PER ANNUM: R900,00
NET PROFIT (EBITDA) PROJECTED PER MONTH: R75,000