This lovely Corporate Coffee Shop is well located in an upmarket office park alongside the Sandton central Cbd. They are open 6 days a week 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 owners, who manage the store themselves, 'hands-on', do lots of functions during the week and on weekends consistently throughout the year. Having said that, they are involved in another business, and the owner can no longer afford to spend enough of the required time in the shop, and therefore has decided to put the business on the market.
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!!
- Asking Price:
- R1,300,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
A lot of the Assets belong to the Landlord, and are part of the Lease Agreement. These are as follows:- the tables and chairs; the Espresso Machine; Ice Machine; 1x Double Door Fridge; 1x Single Door Fridge; and the 8x Pan Oven.
- Location:
-
Very well located in a secure upmarket Office Park in the Sandton Cbd. Able to seat 80 pax in one sitting, they often have a small functions in one area of the store, while running the rest of the store as usual. Conversely, there are times when they 'close' the shop for a Private Function for 2 hours or so, and seat 70 to 80 pax 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 business, and cannot afford to spend the required amount of time this shop any longer.
- 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.
- Years established:
- There has been a coffee shop in this Office Park for many years, ,long before the Covid Pandemic, with the present owners having had the shop for approximately 14 months.
Other Information
- Support & training:
-
The owner will help the Buyer, who should have experience in the food business, for a period to be negotiated, as to how he runs the business presently, 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
