Ref. No - BFS11160

LocationSouth Africa, Western Cape

Ref. No - BFS11160

Sector - Food

Asking Price
R1,420,000
Monthly Profit
R50,000
Asset Value
R 0
Stock Value
R 20,000
Yearly Net Profit
R 600,000

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 information

Products 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

Location

Contact | Enquire

IAN

IAN van Ravesteyn

Preferred method of contact

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