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Coffee Shop / Restaurant For Sale

Northern suburbs, Western Cape, South Africa
Asking Price:
R750,000 Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Well established, modern, large, open plan, Coffee Shop / Restaurant in a busy Mall in the Northern Suburbs.
Renovation cost +- R 2 million - selling at asset value
Management run - so much potential to expand if owner run.
Well trained loyal staff.

Property Information

Real Estate:

Lease

Lease Terms:

3 years +

Location:

Busy Shopping Mall

Premises Details:

Large open plan Coffee Shop - modern Kitchens - loads of passing trade

Business Operation

Management type:
This business is employee owned (ESOP).
Expansion Potential:

ALREADY EXPANDED

Competition / Market:

Loads of Restaurants - mainly Franchised - this business is NOT a franchise

Reasons for selling:

Owners are not able to manage on a daily basis

Trading hours:

Centre Hours

Employees:
8
Years established:
10

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R2,000,000
Relocatable:
This business can be relocated