*** SOLD ***
Profitable Well Established Restaurant Coffee Shop
About this business for saleProfitable Well Established Restaurant Coffee Shop
This well established profitable restaurant/coffee shop in the west of Pretoria offers a wonderful opportunity to a business owner wanting to either own it as a partly manager owned business, a young owner on a full time basis with lots of energy or to the pensioner who is still young at heart.
Situated in a very busy medium-sized shopping centre with a major supermarket chain and a well balanced basket of other shops, it offers ample customer parking with high-volume passing trade.
The manageress resides in close proximatey and is very loyal and trustworthy. Staffing is structured in accordance with need depending on peak times and varies between 3 and 4 in number.
Average monthly profit over the last six months is R15,000 and growing. Operating hours are seven days a week with a 14h00 closure on Saturdays and Sundays. The business has a well established, loyal and return customer base.
The owner stays in Kempton Park and bought the business fifteen months ago. Some months later, he's realized that the distance travelled to between his home and the business is unacceptably excessive otherwise, he would not be selling the business.
This is an easy business to manage and control which allows the Purchaser a considerable amount of spare time. Opportunity exists to expand the menu offering which will have the effect of improving profits with minimal additional working capital.
The asking price of R265,000 excludes VAT and stock of +-R10,000.
For more information, kindly contact the listing Broker.