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Coffee Shop Bargain and Opportunity
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Business For Sale


BUSINESS FOR SALE OVERVIEW


An opportunity to acquire ia coffee shop in a top mall, owner has sorted out all the issues and the business is poised for the new owner to bring their skills and ideas to turn this into a successful and profitable business.


BUSINESS SELLING DETAILS

  Selling Price     100,000   Turn Over Per Month     99,211 
  Stock Included 20,000   Profit Per Month -8,763
  Assets Included  220,000   
  Total Price   100,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Cake and Coffee shop with a menu of other light meals. High teas and other functions are catered for as well. Selling of cakes, cupcakes and other catering platters.

This is the opportunity to pick up a fully functional Coffee Shop for a FRACTION of the setup costs, will require your business drive, ideas and acumen to turn into a highly profitable business. Expansion of the Mall underway will also result in the shops location putting it in the middle of the mall between the new and old sections of the mall which should be a prime position.

The price includes the stock on hand on the take over date and this is normally in the region of R20,000 excluding.
When was the business established? July 2014
How long has the owner had the business? April 2016
 How Does The Business Operate
How does the business operate on a daily basis Owner run
How are the clients attracted to the business? Word of mouth
What Advertising/Marketing is carried out? Signage around the mall
Website and facebook
Emails
Does the business have any contract work? No
What competition exists? The normal competition found inside a mall
Seasonal Trends? Quieter in Winter and peaking in Summer
 Financial Information
Vat Registered? Yes
Vat Documentation on File? All returns
Management Accounts? Yes
Audited Financials? None yet
What as Cash/Credit Split? Card 70%
Cash 25%
EFT 5%
Debtors Book Age Analisys None
How can you improve the profitability? More functions and catering
Mall is being expanded to apparently double its size
There is a new business centre coming across the road
Apply for a Liquor License
 Is Seller Finance available and if so what is it?  No, cash sale
   Staffing Of the Business
What is the total number of Staff? Currently six but will be reduced to four in January
Staff Breakdown 2 x Waiters (Manages)
4 x Kitchen and Cleaning (2 are chefs)
Staff Special Perks and Bonuses? Every 4th table is under the owners name so that the tip goes to the kitchen staff
Are the staff on Contract? Yes
Does any of the staff have management potential? Yes one of the waiters does
How involved is the Owner in running the business? 100%
  Premises Of the Business
When Does the Current Lease ends? March 2018
Is there an option to renew? Yes for 2 years
What is the annual escalation % 8%
What are the Trading Hours? Mon-Thu 09:00-19:00
Fri 09:00-20:00
Sat 09:00-18:00
Sun/Public Holiday 09:00-17:00
What is the square meters? 65m² Outside area is not charged for in Rent
Is a copy of the lease available?  Yes, on file
Do You require a license? No
 Assets Of The Business
Full Asset List available? See asset list, whats not on the list is Crockery and Cutlery of between R8,000 and R10,000
 Anything not included in the sale? Yes, two tables, small fridge and one microwave, owner will indicate which they are
 What is condition of the assets Yes, two tables, small fridge and one microwave, owner will indicate which they are
 Any Assets on Lease/HP that Buyer needs to take over? Coffee Machine, POS and Bank Terminal are on rentals
 Are they insured at the moment? Yes
  SWOT Of The Business
 STRENGTHS Location (In the middle after new extention added)
Quality of cake and food
Great staff
 WEAKNESSES Staff expenses and space may be a bit small
 OPPORTUNITIES Catering
Specialty cakes
Schools for cupcakes, etc.
Add additional product brands to the store
 THREATS None perceived
 Summary
Why is this a good business Situated in a great mall with loads of opportunity for the right buyer, you will not be able to setup a new shop without spending at least five times this amount
Why is the owner selling it? Partner is retiring earlier than expected next year and wants to be free to pursue other opportunities with him


Business For Sale,Businesses For Sale,Coffee Shop For Sale,Gauteng Business For Sale

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