Ref. No - BFS935951
South Africa, KwaZulu-NatalRef. No - BFS935951
Sector - Food
Asking Price
R250,000
Monthly Profit
R 3,036
Asset Value
R 510,170
Stock Value
R 39,500
Yearly Net Profit
R 36,428
Summary
A coffee shop situated in a small but busy centre in a KZN Midlands town has regular customers. It has huge potential if managed and run by the Owner.
Give me more informationFully describe the business's activities?
Coffee shop and light meals
How does the business operate on a daily basis?
Manager run 8am to 3pm
What Advertising/Marketing is carried out?
None
What competition exists?
Other coffee shops in the area.
How could the profitability of the business be improved?
Owner managed and run.
Extend business hours.
Do outside catering.
Advertise.
Extend business hours.
Do outside catering.
Advertise.
Give a breakdown of staff/ functions/ length of service?
Manager - 4 years.
Relief manager - 4 years.
Kitchen staff - 2x1 year.
Kitchen staff - 1x 4 years.
Kitchen staff - 1x 8 years.
Coffee Bar - 1x 6 months.
Waitron/Coffee Bar - 1x 1.5 years.
Waitron/Coffee Bar 6 months.
Waitron 1x 2 months.
Relief manager - 4 years.
Kitchen staff - 2x1 year.
Kitchen staff - 1x 4 years.
Kitchen staff - 1x 8 years.
Coffee Bar - 1x 6 months.
Waitron/Coffee Bar - 1x 1.5 years.
Waitron/Coffee Bar 6 months.
Waitron 1x 2 months.
Do any have management potential?
Yes
How involved is the Owner in running the business?
In an "overseeing" capacity but not on a daily basis.
When does the current lease end?
September 2024
What are the trading hours?
8am to 3pm
What are the main assets of the business?
Furniture and equipment
Strengths?
Long, well established business.
Located in a busy centre with strong anchor tenant.
Regular clients.
Located in a busy centre with strong anchor tenant.
Regular clients.
Weaknesses?
Competition.
Opportunities?
Extend trading hours.
Outside catering.
Theme evenings.
Owner managed and run.
Outside catering.
Theme evenings.
Owner managed and run.
Threats?
State of economy.
What is the reason for the sale?
Owner starting re-location process.
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