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Booming Collectables / Antiques Store And Coffee Shop in South Peninsula For Sale

Cape Town - South Penisula, Western Cape, South Africa
Asking Price:
R2,200,000 Furniture / Fixtures included
Sales Revenue:
R1,500,000
Cash Flow:
R500K - R1.5M

Located in one of the most popular tourist towns in the southern peninsula of Cape Town.

- Established collectables store with extra income generating tenants.
- Separate Coffee Shop providing breakfast & lunch.
- Outside deck area with stunning views over the harbour.
- Prime location right in the centre of town.
- Year round business that's popular with local and foreign tourists.
- Unique well established store with a vibrant atmosphere
- Strong social media & online presence. (domains etc included in price).
- Both sides of the business are highly profitable
- Huge potential for further growth
- Great opportunity to take over an established life style business, and buy into the ever growing tourism market in Cape Town.
- Premises has full Solar back up, so no power cuts

Inventory / Stock value:
To be valued at point of sale (R400,000 – R1,000,000) NOT included in asking price.

Property Information

Real Estate:

Lease

Location:

Main Road Centre of Town

Premises Details:

Huge shop floor with separate sales room, bathrooms, kitchen area and storage room.
Indoor / Outdoor seating Coffee shop with all equipment counter space.
Currently seats 30.
Outside deck overlooking the main harbour. Outside area is covered and allows for open air flow. Shade keeps it cool in the summer and position keeps it shielded in winter

Size in square feet:
260m2

Business Operation

Expansion Potential:

Business has been growing rapidly along with the rental space and commissions of the sub-tenants. Currently we only sublet less than 15% of the floor area. (there is huge potential for expansion). The coffee shop has potential to easily double is income with more menu choices and flexible working hours.

Competition / Market:

We are unique in the market place for our concept of business and have no competition in town. We are a destination location that draws in many direct customers not only locally but also internationally. The town is a major tourist town that attracts hundreds of thousands of tourists yearly. Boulders Beach penguins 850,000, Cape point 1,000,000.
We have a very strong on-line presence and marketing strategy that provides a good income source.

Trading hours:

10.00 – 17.00
Closed Tuesday

Employees:
2
Years established:
3

Other Information

Support & training:

Support with all Suppliers, Systems and General Operations

Furniture / Fixtures value:
R275,000 - included in the asking price
Inventory / Stock value:
R500,000