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Up-market Coffee Shop, Greenstone Area For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R2,800,000
Sales Revenue:
R5,400,000
Cash Flow:
R150,000

UP-MARKET COFFEE SHOP, GREENSTONE AREA
SELLING PRICE: R2.800,000.00
TURNOVER: R450,000.00 PM
NETT PROFIT: R90,000.00 PM

Description: This unique boutique-style coffee/restaurant outlet was built from scratch by the current owner over 5 years ago. It’s location is ideal, being right at the entrance to a leading retail chain store. The new and modern Shopping center has been designed to accommodate the vibrant and growing community. This modern coffee café has a proven track record of success and has become a destination of choice where customers experience genuine hospitality. Inspired by café life and International trends, their modern and striking yet subtle interior, together with its hassle-free atmosphere, creates the desired uplifting and refined experience. This outlet uses only the best Espresso machines and serves the best coffee, as well as offering a full range of healthy meals for families and/or business meetings. An added advantage is a fully licensed liquor-bar with a full range wine, beers and spirits. Family-created recipes serve the freshest and most nourishing foods, as well as a unique range homemade biscuits and cakes. This outlet is equipped with charging points for electronic devices with access to free Wi-Fi. Waiters are acquainted to customer preferences and idiosyncrasies. Furthermore, staff is driven by passion for people and an underlying desire to create a unique café/restaurant experience. This 180m2 outlet is built with tasteful and comfortable décor with both indoor and outdoor seating, comfortably accommodating over 100 people.

Property Information

Real Estate:

Lease

Leasehold Rent:

R47,800 per annum

Lease Rent:
R300 per sq ft per annum
Living Accommodation:

no

Location:

Greenstone, Modderfontein

Premises Details:

Modern newly built shopping Centre

Size in square feet:
350m2
Planning Consent:

yes

Business Operation

Expansion Potential:

Great potential , growing client base

Competition / Market:

Only 2 other food outlets

Reasons for selling:

Retirement

Trading hours:

7am to 5pm

Employees:
15
Years established:
5 Years

Other Information

Financing available:

No

Furniture / Fixtures value:
R3,000,000
Inventory / Stock value:
R150,000
Relocatable:
This business can be relocated.