Ref. No - BFS935513
South Africa, GautengRef. No - BFS935513
Sector - Food
Asking Price
R1,008,000
Monthly Profit
R 50,217
Asset Value
R 470,000
Stock Value
R 8,000
Yearly Net Profit
R 602,604
Summary
Top quality delicious eats and great coffee's provided to the locals and visitors. Great location!
Give me more informationFully describe the business's activities?
A quaint coffee shop that serves various top quality coffee's = espresso, latte's, cappuccino's, etc.
They also serve cold drinks = iced coffee's & tea's and other non-caffeinated beverages. They also offer food items on their preset menu.
This is a well established business which has a great supporting local & visitor client base.
They also serve cold drinks = iced coffee's & tea's and other non-caffeinated beverages. They also offer food items on their preset menu.
This is a well established business which has a great supporting local & visitor client base.
How does the business operate on a daily basis?
The owner opens the shop and the manager closes.
What Advertising/Marketing is carried out?
Shopping mall advertising.
What competition exists?
Yes, in the vicinity.
How could the profitability of the business be improved?
Good local shop - marketing to the surrounding area/businesses can be done.
Give a breakdown of staff/ functions/ length of service?
5 x Kitchen.
3 x Front of house.
Majority of the staff have been employed for the past 12 years.
3 x Front of house.
Majority of the staff have been employed for the past 12 years.
Do any have management potential?
One off the staff members is currently managing & closing the shop at night.
How involved is the Owner in running the business?
Daily for short periods of time.
When does the current lease end?
Lease ends December 2022.
What are the trading hours?
Monday - Sunday: 07:30 - 18:00.
What are the main assets of the business?
A updated list is available.
Strengths?
Well established with in an upmarket community.
Costs are well managed.
.
Costs are well managed.
.
Weaknesses?
None.
Opportunities?
A marketing plan to expand clientele.
Threats?
Economy.
What is the reason for the sale?
Owners would like to retire.
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