Unique African Style Cafe/Takeaway in Busy Area of Pretoria

Popular For Sale

Price R 550,000.00

Description

Unique African style cafe and food take-away business.  Very well known for beef stew, mogodu and other traditional foods. Licensed to sell beer. Situated in a prime location of Pretoria with high visibility.

More details

Name Description
Total Annual Sales R500,000 p.a.
Stock R100,000
Assets R500,000
ROI 43,6%
Payback in months 28
Profit before tax R240,000 p.a.
Form of ownership Pty Ltd
Year established 2013
Year of acquisition 2013
Trading Hours 11:00-24:00 Mon-Thur 11:00-02:00 Weekends
Full Time Employees 11-15
Business Premises Retail space
Rental Amount R35,000 p.m.
Current Floor Space 240 m2
Lease term in years 5
Other important details VAT Registered,Financials up to date,Employee contracts,Air conditioning,Website,Internet connection,Telephone lines,Liquor license,Parking lot,All assets on file,Security,In retail area,Training / Support,Technical skills,Marketing skills
Reason for sale Owner involved in other business
Growth opportunities Growth opportunities enormous. Landlords in other malls regularly ask to have the concept opened in their malls. Ideal business to be franchised across the country. Owner/operator will increase profitability.
Seller Type Broker
Broker Fee Yes
Investment Ready Level Level 1

Ad details

Ad ID : 172
11 months, 20 days ago
1456 Views

Advertiser details

Phil Trolip (3)
phil@africabrokers.com
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