Magnificent and Profitable three in one business for Sale
Business Description:
SORRY FOLKS THIS FANTASTIC OPPORTUNIY HAS NOW BEEN SOLD
If you are looking to buy a business or sell your business then please don’t hesitate to contact: grant@mnbrokers.co.za
Current Annual Turnover:
+-R 4 690 292 (All Three operations combined)
Net Profit (Before Tax):
+-R 1 322 518
ROI%
+-31%
Assets / Office Equipment:
+-R 300 000 (Included in the asking price)
Stock on Hand:
+-R 600 000 (Included in the asking price)
Rent & Lease Terms:
+-R 20 538 per month. Seller owns the premises (Not included in the Asking Price).
Staff Compliment:
7 x Permeant Staff (Additional casual staff used during peak season
Vat registered:
Franchise:
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
Industry
Coffee Café, Boutique and Deli
Asking Price
R4 200 000 (Including stock on hand)
PROVINCE
Eastern Cape
CITY
Cape St Francis
Premises Layout:
All three businesses are located in the same building with the coffee cafe being sea facing and right on the beach front,
Hours of work:
Mon to Friday: 07h30 to 15h00 Sat: 07h30 to 15h00 Sun: 07h30 to 14h00
Buyer Profile:
This business is ideally suited for a husband-and-wife team, a family/ entrepreneur looking live in this beautiful seaside town and make a decent living, or any similar type of business that is looking to increase its operational footprint
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding the current client base even further, more aggressive marketing, expanding the business into other areas, increasing the product mix and the offering of a delivery service.
Reason for selling:
Relocation oversees.
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.