Filters
LocationSouth Africa, Free State

Sector - Food

Asking Price
R6,800,000
Monthly Profit
R 59,513
Asset Value
R 2,574,403
Stock Value
R 80,000
Yearly Net Profit
R 714,162

Summary

Give me more information

Fully describe the business's activities?

A top franchise, Restaurant Coffee Shop located in an affluent area of Welkom

How does the business operate on a daily basis?

The business opens at 7am for the early morning customers and offer various food products during the day.

What Advertising/Marketing is carried out?

Being a strong national franchise, advertising and marketing are traditionally done by the Franchisor.

What competition exists?

Other coffee shops and restaurant in the nearby vicinity

How could the profitability of the business be improved?

More localised advertising and promotions

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

2 x Managers
17 x Waiters
21 x Back of the house and kitchen
95% of them have been working for the business for 3 years and more.

Do any have management potential?

Yes

How involved is the Owner in running the business?

The owner is fully involved in the business on a daily basis

When does the current lease end?

The lease agreement ends in 2023

What are the trading hours?

Mondays - Sundays: 07:30 - 19:00

Strengths?

Strong brand, has a good name in the town. The business has won awards

Weaknesses?

Not visible

Opportunities?

More Advertising and in-store specials

Threats?

Not any visible

What is the reason for the sale?

The owner wants to have more time to himself and pursue other business interest.

Location

Contact | Enquire

Pierre

Pierre De Klerk

LocationSouth Africa, Free State

Preferred method of contact

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