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Established Coffee Shop & Deli In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R750,000 Furniture / Fixtures included
Sales Revenue:
R2,400,000
Cash Flow:
R160,000

Charming Coffee Shop in Hout Bay

Located in one of the few strip malls in Hout Bay, this delightful coffee shop & deli boasts an Italian flair and has been a beloved local establishment for over 12 years. It offers a diverse menu featuring breakfast items, Italian pasta, panini, fresh salads, delectable cakes, and great coffee. It is licensed to sell alcoholic beverages. This coffee shop presents a fantastic opportunity for an owner/manager to further develop its potential.

Hout Bay is not just a picturesque coastal village; it is also known for its vibrant community and stunning natural beauty. Nestled between mountains and the ocean, Hout Bay is famous for its scenic views and outdoor activities. The area is home to the iconic Chapman’s Peak Drive, a popular tourist route that attracts visitors from around the world. Additionally, Hout Bay features a bustling harbour with fresh seafood markets, the well know weekend market at the harbour and charming craft shops, making it a favorite destination for both locals and tourists alike.

The coffee shop enjoys loyal support from the community and tourists who frequent the nearby attractions, including the historical Fisherman’s World and Hout Bay Beach. With its prime location, this business is perfectly positioned to thrive under new management.

This is an exceptional opportunity to own a well-established coffee shop & deli in a vibrant area with immense potential. Don’t miss out on this chance to be part of Hout Bay’s thriving business community!

Property Information

Real Estate:

Lease

Lease Terms:

Three year lease, renewable

Leasehold Rent:

R240,000 per annum

Location:

Strip mall in the charming village of Hout Bay

Premises Details:

Leased premises in the mall

Size in square feet:
77 sq. meters

Business Operation

Expansion Potential:

Extended trading hours with a full dinner service. License to sell liquor is in place.

Competition / Market:

There is no direct competition in the mall but there are similar businesses in the area

Reasons for selling:

The owner is relocating outside of SA.

Trading hours:

07h00 - 18h00

Employees:
8
Years established:
13 years

Other Information

Support & training:

Support and training will be provided

Furniture / Fixtures value:
R390,000 - included in the asking price
Inventory / Stock value:
R30,000