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Top Coffee Shop, Western Suburbs, Johannesburg, Est. 38yrs For Sale

Johannesburg Western suburbs, Gauteng, South Africa
Asking Price:
R1,100,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

This lovely Coffee Shop is an icon in the area in the Western suburbs of Johannesburg, having been operating for the past 38 years from the same premises. It is well located on a corner site, and therefore easily visible to all the passing trade. Having said that, the business has built up a large following of regulars that that are still visiting the shop frequently. The present owner has had the shop for the past six years. The shop does all their own baking which includes all the Breads, Rolls, Pastries, Biscuits and Cakes. Aside from this, they have a wide selection of quality dishes on their many, starting with Breakfasts, scrumptious Pastas, Burgers, Toasted Sandwiches, Tramezzini, Baguettes and Salads, all served with their usual high standard of service from their well trained Staff. They also do Catering Platters and will bake Novelty or any Cakes requested by their customers to take away, or to use for a party in the shop. The store is fully licensed and perfect for functions, however they don't concentrate on advertising a lot for functions and Catering Platters, but just take what they get. The business has its own Website, Instagram and Facebook sites and is also involved in WhatsApp Groups from the area. It is important to note that there are many Guest Houses nearby, and so there is a captive market of tourists to concentrate on as well. Their best days are Saturdays and Sundays when a lot of the time the shop is completely full.
This business is a great opportunity for an experienced operator to continue the tradition, yet at the same time add new modern dishes to the menu and cash in on the opportunity to do more functions, for which the shop is perfect for. A lovely buy for a 'hands-on' operator.

Property Information

Real Estate:

Lease

Location:

Well located in a corner shop in the Western suburbs of Johannesburg.

Premises Details:

The shop is able to seat 84 pax in one sitting comfortably and has a homely friendly ambience.

Business Operation

Competition / Market:

There are many food stores in the area of all different types, and the suburb is known for being popular spot for those people who wish to have a good sit-down meal of their choice.

Reasons for selling:

The Seller has been in the Food Business for 20 years, and has decided that it is time for a change and to move on to a normal 5x day week business.

Trading hours:

The shop is open Monday to Saturday from 7am to 5pm and Sundays from 7am to 3pm.

Employees:
The shop has a total of 11 Staff who work as follows:- BOH has a 7x Staff, which includes 3x Permanent members who are well trained to prepare anything on the Menu, 2x Full time Bakers and 2x Casuals who work when needed. FOH has 4x Waiters who all make Coffees and prepare the Drinks for their tables.
Years established:
This business has been established for 38 years, with the present owner having had the businessfor the past 6 years.

Other Information

Support & training:

All Support and Training will be given by the Seller as to how he runs his business now, and who will stay on with the new owner for a month, free of remuneration. A longer period can be negotiated.

Furniture / Fixtures value:
R750,000 - included in the asking price
Inventory / Stock value:
R50,000