Summary
The owners of this coffee shop are quite experienced in owning and running successful coffee shops, so when they saw the opportunity to start a coffee shop on the beach front of this very popular beach town, they immediately took the opportunity and created a coffee shop with a unique antique/old world feeling
This coffee shop is supported by local residents, weekend visitors and tourists (both nationally and internationally) and even during the winter months
The esplanade in front of this coffee shop is now being renovated and will form a beautiful walkway all along the beach for kilometers when completed
There are various expansion possibilities/to increase the turnover which can be discussed with the owner
There are 3 full time staff members and when needed part time members
Assets are around R630,000 and as mentioned, the whole ambience/theme of the coffee shop is old rustic with some furniture around 100 years old
Give me more informationProducts and Services
Coffee and restaurant
Assets
R630,000
Employees
3 full time and part time employees when needed
Financials and Forecasts
The average turnover is around R120,000 pm , with an average GP of 49%, which results in an average NP (EBITDA) of R50,000 pm
Reason for Sale
Owners are moving overseas within a month

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