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Busy Coffee Shop In Suburban Mall
Location: South Africa -> Durban Glenwood
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Been around for 30 years and with the current Owner for two years but he now has to re-locate. Well positioned at the main mall entrance and enjoys a high passing trade. There are 10 well trained staff. There is seating for 80 patrons and more available if needed. Currently Manager run. A livewire Owner would be a dramatic improvement and could add to the current menu. The shop is run on a GAAP system and all the equipment is in fine working order. The Price is slightly negotiable.

FOR MORE INFORMATION CONTACT - ROD 0845247360


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $360,000
Cash Flow:   $2,000,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  1989
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  A full handover will be done.
Reason For Selling:  Owner has re-located




Print Listing Id: 700285012
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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