Ref. No - BFS937579

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS937579

Sector - Food

Asking Price
R795,000
Monthly Profit
R14,914
Asset Value
R 500,000
Stock Value
R 30,000
Yearly Net Profit
R 178,969

Summary

Daytime Cafe/Restaurant located in secure shopping complex looking for foodie and business minded entreprenure to grow business to its full potential.

Give me more information

Fully describe the business's activities?

Restaurant/ Cafe connected to Garden Centre situated inside of a secure shopping centre.

How does the business operate on a daily basis?

As a sit down or takeaway restaurant/ cafe.

What Advertising/Marketing is carried out?

Social media platforms daily.

What competition exists?

Other cafes in the area

How could the profitability of the business be improved?

Owner driven, possibly looking at expanding the space.
Opening at night.

Give a breakdown of staff/ functions/ length of service?

Manager - Stock/ Expense controls, opening and closing duties - back/ front.

Do any have management potential?

Yes - Definitely.

How involved is the Owner in running the business?

Oversight on a daily basis but not on the floor.

When does the current lease end?

May 2027

What are the trading hours?

08:00 to 17:00 Monday to Sunday

What are the main assets of the business?

Display refrigeration
Display Units
Coffee Machine
Under Bar Fridges

Strengths?

Strong tenant mix
Good food reputation

Weaknesses?

Ablutions a little far away
Kitchen needs to be larger for better capacity

Opportunities?

Owner driven and connection to local community has huge potential.

Threats?

Competition in the centre

What is the reason for the sale?

Need to focus on the owner's main business
Location

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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