We (2 owners) opened this coffee-shop in 2020.
Prime location in central Stellenbosch, also very close to campus.
This specific location always worked well in this industry.
It is run by 2 baristas and open 7-days per week.
Sit down and take-away offering.
The business focus have been on the coffee only with a limited selection of pastries.
There is a very handy liquor- license for the premises that is part of the selling price.
Seating outside front: 12-20
Seating inside: +/- 15
Seating in quad outside: 20-30
We are selling this business as our personal business focus have changed and over the past year we did not give this business any attention, and neither of the owners have the capacity to do so in the near future.
There is really healthy opportunities to increase turnover of this business.
A food offering is one.
Utilising the liquor License is two
And a stronger owner involvement is probably the biggest growth opportunity.
In short - there is lots of potential for a hands on approach (which we never were) or for someone with coffee shop experience (of which we also did not have).
The fact that the space has done relatively well without any management or time invested from our side (ran by 2 baristas) shows that the space has incredible potential; as well as the fact that there is not many spaces like this available in Stellenbosch Central makes us believe we can list the business for R1m.
