This is a great opportunity for anyone looking to purchase a Halaal certified establishment in a prime location. Around the corner from a major shopping centre, your access to the surrounding neighbourhoods is a goldmine. Catering to the predominantly Muslim community, with an established client base and a privately owned business, there’s none of the pesky franchise fees and sharing your profits. The cafe/diner has a unique 70s style, seating 70 pax; there is the capacity to host curated and private events.
- Asking Price:
- R2,250,000
- Turnover:
- R3M - R8M
- Net Profit:
- R400,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2 years, and the landlord is more than content extending
- Leasehold Rent:
-
R408,000 per annum
- Location:
-
It’s on a corner property opposite the mica hardware; traffic flows directly past the cafe.
- Premises Details:
-
A beautiful open floor with good flow.
Booths on either side with a large central space for seating. There’s private mezzanine to store stock etc.
- Size in square feet:
- 135 square meters
Business Operation
- Management type:
- This business is owner operated.
- Competition / Market:
-
My diners
Talladega
- Reasons for selling:
-
Personal reasons which involve having to care for my grandparents.
- Trading hours:
-
Monday closed
Tuesday to Saturday 09-9pm
Sunday 09-6pm
- Employees:
- 8
- Years established:
- 4 years
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
A 60% deposit is required and then the remaining balance can be signed as under an acceptance of debt
- Furniture / Fixtures value:
- R1,100,000
- Relocatable:
- This business can be relocated
