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Coffee Shop for Sale Hermanus

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Reference Number: 100701
Sector : Coffee Shop
Area : Overberg            Suburb : Hermanus
Monthly Net Profit : R49 000
Annual Turnover : R1 730 000
Purchase Price : R1 250 000
 
Industry and Location:

Coffee Shop
Area: Overberg
 
Business History:
The current owner bought the business in April 2014. The previous owners started the business in 2010.
Description:

Profitable coffee shop for sale in Hermanus

Coffee shop trades Monday to Sunday 08:00 - 17:00. Target market is locals (60%) and tourists & visitors (40%) to Hermanus. It is also well supported by the guests of the nearby guesthouses. Seating capacity 100.
 
Business Details
Value of Assets: R Awaiting Information
Established Year: 2010
Legal Entity:
Close Corporation
Expansion Possibilities:
To be discussed with interested parties
Monthly Rent:
R 15 000
Annual Escalation:
Awaiting Information
Lease Period:
5 years with option to renew for 5 years
Size of property:
140m²
Stock at cost: R 50 000
Other Info :
 
Reason For Selling:

The owner is not a restaurateur

 
 


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