Ref. No - BFS936489

LocationSouth Africa, Gauteng

Ref. No - BFS936489

Sector - Food

Asking Price
R8,000,000
Monthly Profit
R 263,815
Asset Value
R 10,605,321
Stock Value
R 1,000,000
Yearly Net Profit
R 3,165,781

Summary

Give me more information

Fully describe the business's activities?

4 X Coffee Shops / Cafe's in prime areas, with a unique experience and that also cater for bespoke functions and parties.
1 X Bakery with delivery service. Bakery also exclusive supplier to the 4 X Coffee Shops / Cafe's.
1 X Property with central admin center.

The whole business as a unit including of property is in the market.

How does the business operate on a daily basis?

Cafe's / Coffee shop service to walk in clients, function bookings and bakery services.
All shops well positioned in various areas.
1 Coffee Shop in Johannesburg
3 Coffee Shops in Pretoria
1 Bakery servicing all 4 Coffee Shops in Pretoria)

What Advertising/Marketing is carried out?

Social media and visual attraction in prime locations around Pretoria and Johannesburg

The website has 10 000+ visitors per month of which the majority are mobile users.

What competition exists?

Considering the locations of the cafe's the only competition to this brand is localized coffee shops and restaurants. The business aims to attract a certain customer profile.

How could the profitability of the business be improved?

Focused promotions
Unique specials
Overhead / cost / expense cutting
Expansion
Central kitchen

What is the total staff complement?

Total staff compliment of around 80

How involved is the Owner in running the business?

Owner is actively involved in the daily operations of the business and oversees management. Also building of relationships with clients

When does the current lease end?

Lease agreements differ in each shops - info available
One shop is on self owned property with no bond.

What are the trading hours?

Monday to Saturday and public holidays 8:00 - 17:00
Sunday 8:00 - 15:00

What are the main assets of the business?

Stock, furniture, crockery, cutlery.
Two (2) delivery vehicles and two (2) passenger vehicles all in excellent condition.

Strengths?

Unique/different offering
Stunning look & feel
Very proactive with change
No loans, property paid for
Excellent recognizable brand
Unique function catering
Not franchised

Weaknesses?

Costs / Monthly expenses should be better managed

Opportunities?

Expansion
Franchising
Owner Operator agreements if one decides to expand
Bakery has huge expansion potential

Threats?

Economic climate

What is the reason for the sale?

Owner wants to relocate
Location

Contact | Enquire

Jacqui

Jacqui Erasmus

LocationSouth Africa, Gauteng

Preferred method of contact

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