Lucrative Suburban Coffee Shop
About this business for saleLucrative Suburban Coffee Shop
Contemporary coffee shop and restaurant for sale.
Enjoys valuable high profile trading position, fronting main shopping centre thoroughfare, highly visible to both pedestrians and motorists, easily accessible, free car parking close by. Functional premises, fitted and presented to a high quality, no expenditure considered necessary. Provides spacious dining area, currently offering approximately 114 covers; 90 inside and 24 outside.
Particularly popular is the daily Breakfast menu, along with their specialty nights. Sunday Lunches are a firm favourite for eat-in and takeaway.
A thriving growing business with a strong local following, and an easy to serve menu.
The staff are well-trained, stable and very efficient.
There is still scope for growth in increased menu lines and new offerings that can be discussed.
A favorable rent is enjoyed by the establishment despite its good trading position.
The business offers a ROI of 45% and/or a monthly payback of approximately 18 months.
The asking price is R535 000 excluding VAT and stock.
For further details on this great listing please contact the listing Broker - Reza Ebrahim - 083 7161495
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.