Ref. No - BFS933666
South Africa, MpumalangaRef. No - BFS933666
Sector - Food
Asking Price
R1,200,000
Monthly Profit
R37,768
Asset Value
R 250,000
Stock Value
R 0
Yearly Net Profit
R 264,379
Summary
Give me more informationFully describe the business's activities?
Cafe and take-away situated in the busiest part of the CBD close to all major banks, the post office, hospital, taxi rank as well as various large and smaller businesses.
How does the business operate on a daily basis?
The owner spends a fair amount of time at the shop every day, however, the business is essentially manager run. Catering for commuters working in and around the area, the business provides mainly pre-prepared take-away meals for a quick grab-and-go at very affordable prices, as well as convenience items such as prepaid airtime and cigarettes.
What Advertising/Marketing is carried out?
None. The business relies solely on passing trade and word of mouth.
What competition exists?
There are several similar businesses in the vicinity.
How could the profitability of the business be improved?
Offering card facilities could improve the profitability substantially.
How involved is the Owner in running the business?
The owner controls the day-to-day operations of the business with the assistance of the manager.
When does the current lease end?
The current lease expires in February 2024.
What are the trading hours?
The business operates from 6am to 7pm daily except Sundays, they open at 8am and close at 6pm.
What are the main assets of the business?
Mainly kitchen and display equipment.
Strengths?
Easy to operate, profitable cash business in an excellent location.
Weaknesses?
No proper record keeping systems in place.
Opportunities?
There is an opportunity to expand the product lines.
What is the reason for the sale?
The owner is leaving the country.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
Sign up for our Sellers' Portal Affordable monthly packages
More businesses you may like
More similar, inspiring businesses for sale
SA, Mpumalanga
FOOD
New fast food franchise opportunity - various areas available
1,172,500
YNP - R 851,606
UNDER OFFER
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
10 Questions To Ask When Buying A Business
10 Questions To Ask When Buying A Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne
Sellers
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.