Ref. No - BFS936518
South Africa, Western CapeRef. No - BFS936518
Sector - Food
Asking Price
R2,895,000
Monthly Profit
R 79,112
Asset Value
R 1,200,000
Stock Value
R 50,000
Yearly Net Profit
R 949,349
Summary
Excellent and well-established coffee shop in the Cape Winelands is available. Superb location with a great growth opportunity.
Give me more informationFully describe the business's activities?
This coffee shop, one of the Brands of Famous Brands, is a well-known brand with a captive clientele.
Locations of the shops are unique in a specific sector and will be disclosed to approved buyers.
The shop operates as a regular coffee and retail shop.
Locations of the shops are unique in a specific sector and will be disclosed to approved buyers.
The shop operates as a regular coffee and retail shop.
How does the business operate on a daily basis?
The operating hours are daily from 07:00 - 19:00
The staff runs the shop with the owner's involvement when needed.
There is a Manager in place.
The staff runs the shop with the owner's involvement when needed.
There is a Manager in place.
What competition exists?
None
How could the profitability of the business be improved?
2nd Shop opening in the same venue
Give a breakdown of staff/ functions/ length of service?
Staff have worked at the shop for 5+ years.
Managers are strong and run the ordering and stocking of the store
Managers are strong and run the ordering and stocking of the store
Do any have management potential?
Yes
How involved is the Owner in running the business?
Owner lives in Joburg and is involved when needed by store managers
When does the current lease end?
2027
What are the trading hours?
7am - 7pm
What are the main assets of the business?
POS MACHINE
Fridges
Coffee Machine
Chars and Tables
Deli Fridges
Computer Equipments
Fryers
Fridges
Coffee Machine
Chars and Tables
Deli Fridges
Computer Equipments
Fryers
Strengths?
Captive Market
No competition
Staff meals
pricing on retail items]
new shop opening
No competition
Staff meals
pricing on retail items]
new shop opening
Weaknesses?
Foot traffic
outside customer awareness
food cost control
outside customer awareness
food cost control
Opportunities?
New shop opening in new wing should increase business by 20-30% as emergency room and main entrance is located there.
Threats?
None
What is the reason for the sale?
Owner wishes to invest in Joburg as business is to far and is not utilising opportunity.
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