Established and Profitable Bistro / Coffee shop for sale
SORRY FOLKS, THIS ONE IS SOLD
Financial Information
Annual Turnover:
+-R2 702 574
Adjusted Annual Net Profit (EBIDTA):
+-R668 614
Current Annual Net Operating Margin (EBIDTA):
+-25%
ROI%
+-67% (based on EBITDA amount)
Current asset value:
+- R550 000 Included in the asking price
Stock on hand:
+-R50 000 (not included in the asking price but the Seller is negotiable on this)
Rent per month:
R44 270 per month
Vat registered:
Yes
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
BuSiness Information
Business Type
Bistro / Coffee Shop
Asking Price
R1 000 000 (excluding stock on hand)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises & Premises Size:
Leased. 3 OR 5 year option. (Landlord approval of the new owner will be required).
+-200m2
+-200m2
Trading Hours:
Monday to Saturday: 07h30 to 18h00
Sunday: 07h30 to 16h00
Sunday: 07h30 to 16h00
Buyer Profile:
Ideal for a husband and wife team or as a family business. Alternatively, this business will suit any business /entrepreneur that is looking to add to their existing operations.
Reason for selling:
Other business commitments
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Contact Us
call
Grant – 073 556 0065
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070