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Reduced Franchise Coffee Shop In Alberton For Sale

Alberton, Gauteng, South Africa
Asking Price:
R1,250,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Opportunity to own a well established Franchised Coffee shop.

This business is situated at the main entrance to Makro New Market. Get in now and reap the benefits of the largest netcare Hospital being built right behind this mall.

This store was one of 100 Coffee shops that won the award for Best Coffee shop in 2019 as voted by RASA

No loadshedding as they run on the generator of Makro, Huge benefits from Makro as they provide staff vouchers to dine at Wiesenhof.

This store has received 100% Hygiene Audits 3 times in a row

The waitrons have been working at the store for 10 years and therefore know their clients well

The current owner is looking to take a step down to focus on Family.

We are using a P/E of  3,5 to value the business, and we are using the  Net profit for 2020 and March to November 2021- COVID figures irrelevant as Makro was also affected by certain restrictions as well as:

The location is Prime inside Makro

A new store of this size, without the location would cost R2.5 million to set up

This is a Great Brand and one of the 100 shops to win the 2019 Coffee shop of the year according to RASA

Net Profit for Y/E 28/02/2020 + 9 Months 2021                           R   455,250

( December being the busiest month therefore December January and February can easily achieve R300= again) Our Valuation Using a P/E of 3,5 Value                   
R 1,593,375

Selling for a cash offer of

R1,25m including stock and Assets of R 900,000

Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.

Property Information

Real Estate:

Lease

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