This centrally located waffle and coffee shop is based in a small shopping complex right in the heart of the student buzz and within 1 km from the University of Stellenbosch. The shop has a Google rating of 4.7 and is run full-time by the manager. The business has recently obtained a liquor license. It operates from Monday to Saturday, 08:00 to 18:00 and Sundays, 08:00 to 16:00.
It has the opportunity to close later each day, which can improve its turnover considerably in light of the recently acquired liquor licence.
The owner wishes to sell as he has other business interests in Cape Town.
Monthly turnover: R100k +
Equipment value: +/- R350k
Stock value: +/- R25 000
Net profit: +/- R10k p.m. but with huge potential due to newly acquired liquor licence!
Selling Price: R690 000.
