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Unique Coffee Shop—hyde Park For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R500,000
Sales Revenue:
R1,560,000
Cash Flow:
R50,000

PROFITABLE UP-MARKET COFFEE SHOP—HYDE PARK
SELLING PRICE: R 500,000.00
TURNOVER: R 130,000.00 PER MONTH
NETT PROFIT: R 20,000.00 PER MONTH

DESCRIPTION: This unique coffee shop is situated in the heart of Hyde Park in a residential/tourist complex catering for international travelers. The surroundings and decor are immaculate with pool, gym and boardroom. This coffee outlet is licensed for liquor and provides for breakfast, lunch & dinner. selling price includes all assets, such as kitchen, utensils, decor, facilities, point of sale and CCTV. Rental are low and based on Turnover. They are also popular for functions, business lunches and private dinners. full view of the large flat-screen TV makes them popular for private and secure venue for rugby and other sport events. landlord grants permission to trade to 11 pm if required. This venue creates a secure platform to grow from. Sellers offering the option to to acquire a 50% share if required.

Property Information

Real Estate:

Lease

Lease Terms:

3 Year plus extension

Leasehold Rent:

R20,000 per annum

Living Accommodation:

None

Location:

Hyde Park, Sandton

Premises Details:

Leased

Size in square feet:
100
Planning Consent:

Yes

Business Operation

Expansion Potential:

Enormous potential

Competition / Market:

None

Reasons for selling:

Maternity

Trading hours:

7am to 5pm

Employees:
3
Years established:
3

Other Information

Support & training:

Yes

Financing available:

No

Furniture / Fixtures value:
R300,000
Inventory / Stock value:
R40,000