Ref. No - BFS937579

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS937579

Sector - Food

Asking Price
R2,395,000
Monthly Profit
R85,127
Asset Value
R 1,000,000
Stock Value
R 76,266
Yearly Net Profit
R 1,021,520

Summary

Delightful daytime Restaurant as well as a Cafe in 2 locations in KZN looking for a foodie and business minded entrepreneur to grow business to its full potential.

Give me more information

Fully describe the business's activities?

2 outlets offering full Restaurant & Cafe serving breakfast, brunch and lunch
Supply some retail outlets with food
Both stores operate 7 days a week

How does the business operate on a daily basis?

As a sit down or takeaway restaurant and cafe, operating from 08:00 to 17:00, 7 days a week

What Advertising/Marketing is carried out?

Social media - Facebook/ Instagram and collaborating

What competition exists?

Other coffee shops/ cafe's in location 1

How could the profitability of the business be improved?

Liquor licence and opening at night

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

8 long term staff (11 years)
17 medium term staff (4-7 years)

Do any have management potential?

Yes, the General Manager and two assistants

How involved is the Owner in running the business?

Daily between the two stores

When does the current lease end?

Location 1 - May 2030
Location 2 - May 2027

What are the trading hours?

08:00 to 17:00, 7 days a week

What are the main assets of the business?

Hospitality equipment

Strengths?

Strong team of staff - trained
Great community support

Weaknesses?

No liquor licence

Opportunities?

Night trading

Threats?

Electricity/ water outages = national issues

What is the reason for the sale?

Medical and change of lifestyle

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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