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'5 & 1/2 Day Week', Corporate Coffee Shop, For Sale

Sandton Cbd, Gauteng, South Africa
Asking Price:
R1,300,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This lovely Corporate Coffee Shop is well located in an upmarket Office Park in the Sandton CBD. They are open five and a half days a week, with early closing on Saturdays and closed on Sundays & Public Holidays. The office park has a Generator and so they are able to operate normally during Load Shedding, and have security in the complex with a guard at the gate 24/7.

Their Menu has an excellent variety of offerings all prepared with their own extra special flare, which includes a wide choice of breakfasts, lunches, & tasty Signature Meals, including their popular Pizzas prepared in an authentic Wood Fired Oven. The business also has a Liquor License. They have regulars coming from the surrounding office buildings as well as many customers that live in the nearby suburbs, so they are usually very busy on Saturdays, when they are open until 4pm.

The present owner manages the store himself with the help of two senior staff members who are also able to run the business when he is out. The business is a popular Function Venue, and they do lots of functions consistently throughout the year. The owner is involved in two other businesses and can no longer afford to spend enough of the required time in the shop, and therefore the store is now for sale.

A well established and profitable business, ready for a 'hands-on' owner/operator to take over
the reins and drive the business to the next level. An excellent opportunity not to be missed!!

Property Information

Real Estate:

Lease

Location:

Very well located in a secure upmarket Office Park in the Sandton Cbd. They area able to seat 80 pax in one sitting, and they often have a small functions in one area of the store, while running the rest of the shop as usual. They also do large Functions when they seat 70 to 80 pax, just for that particular Event.

Premises Details:

A lovely attractively designed store in a private and secure upmarket Office Park, in Sandton.

Business Operation

Competition / Market:

Aside from the shops in the nearby Sandton City, they have no direct competition in the surrounding area.

Reasons for selling:

The owner is involved in another 2x businesses, and cannot afford to spend the required amount of time in this shop any longer, although he has two senior staff members who are able run the restaurant perfectly, when the owner is not there.

Trading hours:

They are open Monday to Friday 7-30am to 5pm, and Saturdays 8am to 4pm. Closed on Sundays.

Employees:
They employ a Total of 10x Staff including the waiters, with the Owner managing the shop himself. However, there are 2x Senior Staff Members that are able to run the shop when the Owner is out, including opening and closing the store.
Years established:
There has been a coffee shop in this Office Park for many years, with the present owners having had the shop for approximately 17 months.

Other Information

Support & training:

The owner will help the Buyer, who should preferably have experience in the food business, for a period to be negotiated in order to make for a smooth transition from one owner to the other.

Furniture / Fixtures value:
R400,000 - included in the asking price
Inventory / Stock value:
R90,000