Asking Price
R397,000
Monthly Profit
R15,975
Asset Value
R 81,677
Stock Value
R 7,000
Yearly Net Profit
R 191,705
Summary
Profitable coffee shop with kiddies' play area ticks all the boxes - Don't miss out
Give me more informationFully describe the business's activities?
This coffee shop is located in a tranquil setting, making it a favorite among customers and a popular venue for functions. It enjoys a strong following and loyal support from regular patrons. The menu focuses on best-sellers, simplifying operations for the new owner while leaving room for creativity. The shop offers a set Sunday lunch menu, which is well-received by its patrons. Additionally, the store features a charming outdoor play area, making it especially attractive to families. The host venue is a well-known and bustling destination that attracts a diverse range of visitors, bringing a steady flow of new customers to the coffee shop. They also host craft workshops on an ad-hoc basis, which are popular and generate new business. Furthermore, the store holds a liquor license.
How does the business operate on a daily basis?
The store operates 6 days a week. Either the owner or a staff member is responsible for opening and closing the store. The owner is involved daily in handling orders, paying suppliers, and overseeing general financial matters. The staff, who have been in their roles since the store's inception, are knowledgeable and capable. The owner manages all function bookings and, along with the staff, handles the setup for these events. The craft workshops are also organized and coordinated by the owner. Staff work on a rotational schedule, allowing for regular rest days. The owner will provide a thorough handover to ensure a smooth transition.
How are the clients attracted to the business?
The store is located within a well-known destination venue that attracts many walk-in customers. It has loyal customers who visit the store regularly. Parents bring their kids to play in the open-air play area while enjoying a cup of coffee. Craft workshops also introduce new customers to the store.
What Advertising/Marketing is carried out?
Social media.
Word of mouth.
The venue in which the store is based attracts a lot of people who then also make use of the coffee shop.
Word of mouth.
The venue in which the store is based attracts a lot of people who then also make use of the coffee shop.
How could the profitability of the business be improved?
Introduce more menu items.
Promote the store for kiddies' parties.
Introduce gourmet delectable items.
Promote the store for kiddies' parties.
Introduce gourmet delectable items.
Give a breakdown of staff/ functions/ length of service?
2 x chefs
1 x barista
1 x kitchen assistant
1 x waiter
2-3 x casuals over weekends.
They have all been with the business since inception.
1 x barista
1 x kitchen assistant
1 x waiter
2-3 x casuals over weekends.
They have all been with the business since inception.
How involved is the Owner in running the business?
Daily
When does the current lease end?
Currently, it is month to month but the landlord will sign a new 3-year agreement with the buyer.
What are the trading hours?
Tue - Sat 8:00 - 16:00.
Sun 8:00 - 15:00.
Sun 8:00 - 15:00.
What are the main assets of the business?
A full asset list will be provided to serious buyer. Following is just a few of the items: Double door fridge - Fridge/Freezer - Standing Freezer - Box freezer - Bar/Cake fridge - Gas stove - Stainless Steel Kitchen Tables - Double stainless Basin - Kitchen Drying Rack - Kitchen racks - Generator - Tables (4 seater) - Tables (6 seater) - Plastic chair - Fryers - Single - Fryer - Double - Microwave.
Strengths?
Very affordable lease.
A private individual landlord who is very supportive.
Located inside a very desirable destination venue.
Strong social media following.
A private individual landlord who is very supportive.
Located inside a very desirable destination venue.
Strong social media following.
Weaknesses?
Influenced by the seasons.
Opportunities?
Increase product lines and menu items.
Upsell kids' products ex. putty, lucky packets, etc.
Increase functions and events.
Introduce more craft workshops.
Kiddies parties.
Upsell kids' products ex. putty, lucky packets, etc.
Increase functions and events.
Introduce more craft workshops.
Kiddies parties.
Threats?
None perceived
What is the reason for the sale?
The owners are a mother-and-daughter team. The mother retired and the daughter is full-time employed and does not have enough free time available to manage both.
Why is this a good business?
Always wanted a coffee shop but rent is just killing the dream, then this is for you. Easy to run with reliable staff and a great POS system in place, plenty of opportunities to get stuck into and increase revenue. This shop has a dream location, loyal customers, and is priced to sell.
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