Ref. No - BFS11153
South Africa, Western CapeRef. No - BFS11153
Sector - Food
Summary
Unique Milkshake and Ice Cream shop situated in a unique visible position in the Cape Town area with possibility to franchise the concept.
Give me more informationBackground and History
The owner of this shop did proper research regarding the clients (local and tourists), needs in the ice cream and milkshake and eventually now presents 68 flavors of premuim milkshakes
The business has been successfully trading for nearly 4 years, with +/- 4000 followers on Facebook and Instagram, with a Google review score of 4,7
There is huge potential to increase the turnover of this business, and attract new clients by placing pamhlets in guest houses, having specials for nursery schools and primary schools, childrens parties etc
The shop is facing the main road in the seaside town and more advertising can be done on the beachfront to direct clients to this shop
Due to renovations/ changes to the building, the shops's turnover went down for a while, but now back on track with an increase of 50% of shop area
The biggest scope lies in franchising this concept througout SA
Products and Services
Ice cream and milkshakes
Assets
R600,000
Employees
2 full time and 3 part time employees
Financials and Forecasts
Average turnover R900,000 per annum
GP average 65%
Average NP (EBITDA) R148,000 per annum (due to renovations on building)
Reason for Sale
Owner is relocating overseas
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