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Licenced Waffle/Coffee Shop In Stellenbosch For Sale

Stellenbosch, Western Cape, South Africa
Asking Price:
R690,000 Furniture / Fixtures included
Sales Revenue:
R500K - R1.5M
Cash Flow:
R100K - R500K

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.

Property Information

Real Estate:


Lease Terms:

To be negotiated with landlord.

Leasehold Rent:

R220,000 per annum

Business Operation

Expansion Potential:

Just received Liquor Licence which brings huge potential increase in turnover and profits!
Think Waffles and Don Pedros...
Think Waffles drizzled with liquors,,,

Trading hours:

Mon-Sat: 8am - 6pm.
Sun: 8am - 4pm.

Years established:

Other Information

Support & training:

Full handover by owner.

Financing available:


Furniture / Fixtures value:
R350,000 - included in the asking price
Inventory / Stock value: