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PROFILE |
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Description: |
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This is a fully operational Steers in the northern suburbs of Cape Town. The owners are not full time involved in the business so it is manager run. A new buyer can be full time involved and turn this business completely around. At present this business is only open from Monday-Friday and Saturday mornings and there is hardly any marketing done so that will also offer the opportunity to expand the business. The set up costs were R2,8 million. The owner has an agreement with the landlord regarding a lower rental. |
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Industry / Sector: |
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Food - Fast, Snack and TakeAways |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Pringle Bay |
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Location / Area: |
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Pringle Bay |
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Metro Proximity: |
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Cape Town. It should be possible to commute from this metro city to the business location. |
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Portability: |
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Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
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PRICE |
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Asking Price: |
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R 770 000 |
| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 150 000 per month
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| Profit: |
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R 25 000 per month
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| Annual Return: |
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39
% per annum
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| No. of Staff: |
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6 |
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Year Established: |
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2019 |
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Legal Persona: |
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Private Company (Pty) Ltd |
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Other Information: |
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