*** SOLD ***
Profitable well established coffee shop
About this business for saleProfitable well established coffee shop
This Boutique Coffee Shop is situated in a prime location in the main street of an upmarket and popular suburb and at a very busy mall just west of Johannesburg.
This is an exciting opportunity where the business is very well supported by the local community as well as visitors from Johannesburg and the West Rand.
This established, successful coffee shop offers a friendly, inviting, warm, cosy atmosphere. This outlet has performed consistently well since being taken over by the present owner 12 months ago.
It is not just another coffee shop as it was borne out of passion and patrons have a choice of seating indoor in an unbelievably warm environment or to enjoy seating on the outdoor patio. The present owner has now other professional working preferences which needs her full time attention.
This is a licensed coffee shop and the menu includes breakfast, light meals, pizza, warm/cold beverages, a high tea menu and a ready baking/ingredient corner, etc.
The asking price is R720 000 which includes the assets. Average PBIT (profit before interest and tax) is R30 000 per month resulting in an ROI of 50% and a payback of 24 months.
The coffee shop is managed by a well-trained team and is an ideal opportunity to purchase an excellent business with plenty of potential for future growth.
Further excellent opportunities for increased turnover lies (amongst others) in an aggressive marketing strategy within the community, at old age homes, surrounding five schools and introducing pizza deliveries and baby/bridal showers which are very popular at the venue.
The introduction of extended trading hours and developing the ready mix baking corner as well as selling pottery would also impact positively on the business.
For further information, kindly contact the listing broker.