Ref. No - BFS11259
South Africa, Western CapeRef. No - BFS11259
Sector - Food
Summary
This business has a unique selling point- presenting waffles to customers who can enjoy this food while staring over the sea.
Give me more informationBackground and History
The business started in 2021 by the couple who are also involved in other businesses and hence the reason for selling
The menu was carefully planned to include some innovative dishes- of which some include alcoholic beverages as the business has a full liquor licence
There are outside seats as well which enhances the feeling of a typical European seaside café
Inside the business there is a quirky gift shop, a spacious dining room to relax should the weather not be friendly outside
They also serve all-day breakfasts and omelets, including exquisite coffees/milkshakes etc
There is a huge potential to increase the turnover by introducing delivery services with affordable meals
Products and Services
All products associated with a restaurant including waffles/coffee shop/other meals but excluding any seafood meals- the restaurant has a full liquor licence as well
There is also a gift shop with all kinds of excuisite gifts for visitors to purchase
Including in the selling price will be stock of +/- R140,000
Assets
Assets of +/- R350,000 will be included in the sale- a full list of assets are available
Employees
6 employees in total- 3 in front section (waiters) and 3 in kitchen (barista/chef/general worker)
Financials and Forecasts
Monthly average turnover R210,000
Average COS 40%
Average GP 60%
Average NP (EBITDA) as per AFS R20,000 pm
Reason for Sale
Owners have other business opportunities
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