Filters
LocationSouth Africa, Western Cape

Sector - Food

Asking Price
R1,200,000
Monthly Profit
R 3,691
Asset Value
R 921,006
Stock Value
R 0
Yearly Net Profit
R 44,287

Summary

This well-known Micro craft brewery and waffle house is currently closed until further notice and is for sale at asset value. Located in well-known tourist town on Route 62 offers the new owners the opportunity to re-launch with all the infrastructure in place.

Give me more information

Fully describe the business's activities?

The Business offers 4 specialist beers on tap, complete with restaurant.

How does the business operate on a daily basis?

Business is currently closed

What Advertising/Marketing is carried out?

Member of Tourism Tourism and several specialist Beer publications, websites and tourist routes

What competition exists?

Although there are numerous other breweries in the area, this type of industry is not affected by competition but rather enhanced by it. a Beer route has been compiled of all breweries in the area

How could the profitability of the business be improved?

The profitability could be improved by increase the hours of business by adding additional shifts and by bottling more beer and there's also lots of untapped business with promoting to guest houses and supplying other venues.

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

Owner and brew master, assisted by assistant seating customers and taking orders. Kitchen staff were trained to manage and prepare food orders. Kitchen assistant washed dishes and do general cleaning. 2 x Waitresses

Do any have management potential?

The Brew Assistant has management potential

How involved is the Owner in running the business?

The Owners is fully involved in running the business

When does the current lease end?

Although the property is also for sale, the property owners are prepared to negotiate a new lease agreement

What are the trading hours?

Trading Hours 11H00 until 18H00 and Sundays from 11H00 - 16H00
Closed Tuesdays and Wednesday to allow for brewing

What are the main assets of the business?

Full brewery with all equipment plus restaurant kitchen equipment, bar counter and full restaurant furniture

Strengths?

Prime location in tourist destination town. This historic town and nearby surroundings offers rock climbing, hot mineral baths, etc. The town is also known to attract many day visiting Capetonians\bikers over weekends and holidays.

Weaknesses?

Affected by the Covid-19 pandemic and currently closed with staff being retrenched

Opportunities?

Ready to re-launch with the right new owners. Newly upgraded roads will enable very good tourist influx on the very popular Route 62.

Threats?

The normal threats associated with this kind of industry exist.

What is the reason for the sale?

The owner wants to retire due to various family illness problems and family trauma

Contact | Enquire

Hugo

Hugo Tallie

LocationSouth Africa

Preferred method of contact

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