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Popular Upmarket Cafés & Deli-bakeries For Sale

Southern Suburbs, Western Cape, South Africa
Asking Price:
R2,800,000 Furniture / Fixtures included
Sales Revenue:
R11,250,000
Cash Flow:
R860,000

Serving delicious cuisine and providing exceptional service for over a decade, this pair of popular cafés is located in the heart of the Southern Suburbs and is well-known and loved by locals for their delectable dishes, pastries and cozy ambiance. They offer an à la carte menu as well as a fine selection of local wines.

One of the cafés is located on a prime wine estate and can accommodate 32 guests seated inside and 46 outside (weather resistant, covered). The other café is situated on a picturesque historical property and can accommodate 65 guests inside and 22 outside (weather resistant, covered). The Property on which the latter café is situated is available for purchase, but it can also be leased from the current owner on a long-term lease agreement.

Property Rental Income: +/- R975 000 p/a

Selling Price:
Business (The two cafés): R2 800,000 (excluding inventory)
Optional Property: R11 950 000

Property Information

Real Estate:

Lease

Leasehold Rent:

R1,160,000 per annum

Location:

Prime area in Southern Suburbs, Cape Town.

Premises Details:

One of the cafés is located on a prime wine estate and can accommodate 32 guests seated inside and 46 outside (weather resistant, covered). The other is situated on a picturesque historical property and can accommodate 65 guests inside and 22 outside (weather resistant, covered).

Business Operation

Expansion Potential:

Extension of trading hours to evenings.

Reasons for selling:

Owner is looking to focus on other venture.

Years established:
In business for over 10 years

Other Information

Support & training:

To be provided.

Inventory / Stock value:
R250,000