|
PROFILE |
|
Description: |
|
A profitable coffee shop located in the heart of the Cape Town CBD. Manager run with three staff members. Situated close to the High Court and Western Cape Government buildings with good foot traffic. |
|
Industry / Sector: |
|
Food - Coffee Bar |
| |
|
LOCATION |
| State / Province: |
|
Western Cape RSA |
| City / Town: |
|
Cape Town |
|
Location / Area: |
|
CBD |
|
Metro Proximity: |
|
Cape Town. It should be possible to commute from this metro city to the business location. |
|
Portability: |
|
Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
|
| |
|
PRICE |
|
Asking Price: |
|
R 750 000 |
| Conditions: |
|
Voetstoots |
| |
|
FINANCIAL & OPERATING INFORMATION |
| Turnover: |
|
R 120 000 per month
|
| Profit: |
|
R 20 000 per month
|
| Annual Return: |
|
32
% per annum
|
| No. of Staff: |
|
3 |
|
Year Established: |
|
2021 |
|
Legal Persona: |
|
Private Company (Pty) Ltd |
|
Other Information: |
|
.
GENERAL OPERATIONS
.
Coffee shop serving drinks, baked goods, sandwiches and bagels.
.
PREMISES
.
Current lease if for five years. A new lease would be signed with the landlord.
.
ASSET STRUCTURING
.
Assets are worth approximately R350 000 including furniture and fittings, a group LaMarzocco GB9 coffee machine and other equipment.
.
STAFFING
.
The staff are well trained and reliable and are able to run the shop on their own. They are happy to sign new contracts when the shop gets sold.
.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
.
It is necessary for the new owner to have basic knowledge of the industry.
.
MARKET and CUSTOMERS
.
The market is stable with room for growth.
The customer base is loyal and we have plenty of regulars and new customers every day.
.
OPPORTUNITY for GROWTH
.
Hours can be extended.
Currently we are open Monday to Friday 6am to 2pm.
Marketing would yield results as currently there is none.
.
REASON FOR SALE
.
The current owner has two other businesses that takes up a lot of time and energy. There a new opportunity to grow one of these businesses and capital is needed to do so. So the sale of the coffee shop will help consolidate time and provide required capital.
.
AVAILABILITY of AUDITED FINANCIALS
.
Financials are available and up to date for the last financial year
.
SALE CONDITIONS
.
No seller finance offered.
.
PROOF of FUNDING REQUIREMENT
.
A potential buyer needs to demonstrate that they have access to the required unencumbered cash funds to finance the cash transaction portion of this purchase.
The seller will not provide any documentation, business details or financials and will not accept any offer unless the proof of funding has been provided.
.
HANDOVER ARRANGEMENTS and TRAINING
.
A handover period can be arranged.
|
©