Business For Sale,Businesses For Sale,Coffee Shop,Restaurant,Gauteng Business For Sale
|
Coffee Shop and Restaurant Pretoria
Bookmark and Share

Business For Sale


BUSINESS FOR SALE OVERVIEW


Franchised Pretoria Coffee Shop and Restaurant with 220 seats in the regional mall


BUSINESS SELLING DETAILS

  Selling Price     6,040,000   Turn Over Per Month     960,273 
  Stock Included 100,000    Profit Per Month 178,529
  Assets Included  3,600,000   R.O.I %  35%
  Total Price   6,040,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Franchised Coffee Shop and Restaurant combination in a very busy regional mall catering for 220 seats and 48 tables
When was the business established? Twenty Five Years
How long has the owner had the business? Six years
 How Does The Business Operate
How does the business operate on a daily basis Owner run with three managers, the owner spends generally from 08:30 till 13:00 (14:00) in the business on a daily basis, which looks after the rush period
How are the clients attracted to the business? Regular customers
Position, position
Passing trade
Very well known
What Advertising/Marketing is carried out? None
Does the business have any contract work? None
What competition exists? The regular as in any mall
Seasonal Trends? School holidays are busy, as well as when it is raining or cold.
December and July are the peak months in the business
 Financial Information
Vat Registered? Yes
Vat Documentation on File? Available to serious buyers
Management Accounts? Yes 2018
Audited Financials? Busy with accountant catching up, will be explained to serious buyers
What as Cash/Credit Split? 65% Card
35% Cash
Debtors Book Age Analisys None
How can you improve the profitability? Advertising and marketing
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? 21 Permanent
20 Waiters (Commission based)
Staff Breakdown 3 x Managers
4 x Baristas
14 x Kitchen
Staff Special Perks and Bonuses? According to the bargaining council, 13th Cheque, etc.
Waiters are commission and tips (2% or 2.5%)
Are the staff on Contract? All permanent and temps have contracts
Does any of the staff have management potential? Managers already in place
How involved is the Owner in running the business? 100% during peak times
  Premises Of the Business
When Does the Current Lease ends? April 2019 as does the Franchise agreement
Is there an option to renew? No but it should be no problem
What is the annual escalation % 8%
What are the Trading Hours? 08:00-19:00 Mon to Fri
08:00-18:00 Sat
09:00-16:00 Sun
What is the square meters? 196 square meters plus outside area
Do You require a license? Yes, health and safety, trading license
 Assets Of The Business
Full Asset List available? Shopfitting and equipment
 Anything not included in the sale? Few personal items. Assets as per register
 What is condition of the assets 100%
Ongoing repairs and maintenance
 Any Assets on Lease/HP that Buyer needs to take over? Yes from last revamp, this will be settled by the seller
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Well known and established
Prime spot in the mall
Lots of regular clients
 WEAKNESSES None Identified
 OPPORTUNITIES Advertising and marketing
 THREATS None Identified
 Summary
Why is this a good business Franchised coffee shop and restaurant, very well established in a prime spot in the mall, management and staff in place and well trained.
Why is the owner selling it? Seller is tired and needs a break and wants to do some travelling as well


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

Find us on Google+
Contact Us
frank@bizxchange.co.za
Do remember to check your spam folder if you do not get a response email and add us to your white list.

 +27-83-309-8655
We are expecting your call

Business Buyers
Membership Membership:
Latest New User Latest: rosemary samuel
Past 24 Hours Past 24 Hours: 0
Prev. 24 Hours Prev. 24 Hours: 0
User Count Overall: 4437

People Online People Online:
Visitors Visitors: 29
Members Members: 0
Total Total: 29

What out Clients Say
Buyers
have viewed this page since 01 July 2018