Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Retail Bakery/ Takeaway In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R1,000,000
Sales Revenue:
R3M - R8M
Cash Flow:
R480,000

This is a great opportunity for a hands-on operator in a high-potential market.

Ideally situated in a busy shopping centre in the Cape Flats Region, catering to the lower LSM market.

This business offers the following:

• Baking of bread and cakes
• Fast food (limited menu)
• Retailing of sauces and packaging

The business has been operating for longer than 5 years, 11 months by the current owner and is Managed run with limited involvement by the owner.

The owner has an aggressive growth and expansion plan which will be shared with serious buyers

The owner is unable to give the business the attention it requires due to his other demanding business interests and is keen to sell quickly.

Selling price – R1mil (excluding stock of +/- R75k).
Furniture, fixtures, and fittings are included in the selling price (+/- R500k).
Turnover - R270k pm
Nett Profit – R40k pm

Property Information

Real Estate:

Lease

Lease Terms:

Buyer will conclude a new lease.

Leasehold Rent:

R360,000 per annum

Business Operation

Reasons for selling:

Owner has other Business interests and doesnt have the time to dedicate to this business.

Employees:
6
Years established:
5

Other Information

Support & training:

Handover by owner.

Financing available:

No

Furniture / Fixtures value:
R550,000
Inventory / Stock value:
R75,000