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PROFILE |
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Description: |
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Located in a frequently visited seaside town, this deli offers quality, mouthwatering dishes in the restaurant section, complemented by a deli which presents fresh, daily baked artisanal goods. The owner has over years researched and found unique food suppliers for the business. A strong and loyal patron base has developed from becoming a gathering place for both locals, visitors from adjacent towns and tourists.
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Industry / Sector: |
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Food - Retail |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Cape Town |
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Location / Area: |
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Seaside town |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 6 500 000
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| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 1 300 000 per month
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| Profit: |
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R 183 000 per month
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| Annual Return: |
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34
% per annum
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| No. of Staff: |
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15 |
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Year Established: |
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2010 |
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Legal Persona: |
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Private Company (Pty) Ltd |
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Other Information: |
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REASON FOR SALE
The owner now wishes to pursue another business in another town which presents travel and management issues.
SALE STRUCTURE
A buyer will buy 100% of the shares in the private company.
STAFFING
There are 15 staff members employed full-time.
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