A coffee shop located in a busy shopping centre in a KZN Midlands town. The coffee shop would suit an owner who plans to be totally involved in managing and running the shop to maximise it's potential.
- Asking Price:
- R210,500 Furniture / Fixtures included
- Sales Revenue:
- R1,750,000
- Cash Flow:
- R36,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The current leases ends September 2024, with an option to renew. A new, suitable lease will be arranged for the Buyer.
- Location:
-
A coffee shop situated in a small but busy centre in a KZN Midlands town, has regular customers.
- Premises Details:
-
110 sq mt.
Business Operation
- Expansion Potential:
-
Extend trading hours.
Outside catering.
Theme evenings.
Owner managed and run.
- Competition / Market:
-
Other coffee shops in the area.
- Reasons for selling:
-
Owner starting relocation process.
- Trading hours:
-
8am to 3pm.
- Employees:
- There are ten staff.
- Years established:
- Been established 25 years.
Other Information
- Support & training:
-
A suitable handover will be provided.
- Furniture / Fixtures value:
- R308,967 - included in the asking price
- Inventory / Stock value:
- R39,500