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  • Mandate: 37178
  • Added: 09 Mar 2025
  • AFS
  • 1053

Well Known Franchise Coffee Shop, Bakery,Restaurant In JHB North

Gauteng, Johannesburg
1053
Mandate 37178
Added 09 Mar 2025
R 3,500,000* ZAR
Stock: R 200,000
Assets: R 5,407,910
R 93,409 ZAR
Joe De Gouveia
Aldes Album
Gauteng, Roodepoort
Gauteng, Roodepoort
Summary

This business is perfectly situated in the northern suburb of Johannesburg with a mix of residential and commercial area. The bakery case is a masterpiece, showcasing an array of mouthwatering treats. The coffee bar serves expertly crafted specialty drinks. The restaurant serves delicious varieties of breakfasts , lunch and dinner menus.

SELLING PRICE AFS
R 3,500,000* ZAR
Stock: R200,000
Assets: R5,407,910
R 93,409 ZAR
Summary

This business is perfectly situated in the northern suburb of Johannesburg with a mix of residential and commercial area. The bakery case is a masterpiece, showcasing an array of mouthwatering treats. The coffee bar serves expertly crafted specialty drinks. The restaurant serves delicious varieties of breakfasts , lunch and dinner menus.

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Fully describe the business's activities?
Well known Coffee shop/bakery/restaurant that offers a wide variety of food drinks wood-fire pizzas and more. This business is superbly situated in a bustling suburb
with a mix of residential, commercial, and recreational areas. Surrounded by a demographic of young, urban professionals and families with a medium to high
disposable income. Located on a main street ensuring high visibility and foot traffic.

How long has the business been established?
2019

How long has the owner had the business?
Since November 2019

Give a breakdown between sit-down, takeaways and deliveries
95% sit down

How does the business operate on a daily basis?
Manager run: Ensuring all equipment is turned on and in working order, Restocking supplies and ordering new stocks to ensure the customers are satisfied with the quality and freshness. Management and staff maintain a clean and welcoming environment throughout the store.

How are the clients attracted to the business?
Superb location and well known franchise set in a cozy and inviting atmosphere that make customers feel at home.
Word of mouth: Satisfied customers sharing their experiences with friends and family.

What Advertising/Marketing is carried out?
Head office/ Franchisor handles the marketing on a national level

Does the business have any contract work?
No

What competition exists?
Yes, there are other similar businesses in the area but with the support of the franchisor constantly evolving, featuring creative dishes and drinks that surprises and delights our customers.

What are the seasonal trends?
Due to it being a destination store no real pattern has been established, but we have noticed that the winter moths surge in demand for warm beverages and cozy indoor settings.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All required submissions

Are there up-to-date Management Accounts available?
Yes

What Balance Sheet and Income Statements are available?
All documentation is available

What percentage of the business is cash/credit?
All cash business

How could the profitability of the business be improved?
-Owner needs to be more involved and better managers.
-Implement efficient workflows to reduce labor costs and improve productivity.
-Optimize inventory levels to minimize waste and reduce costs.
-Negotiate better deals with suppliers.

What is the total staff complement?
30

Give a breakdown of staff/ functions/ length of service?
4 managers
12/13 staff kitchen
12/13 waiters

Are they on contract?
No

Do any have management potential?
Yes

How involved is the Owner in running the business?
Very little to none.

When does the current lease end?
July 2025

Is there an option of renewal & what period?
Yes, and rental can be negotiated.

What is the annual escalation %?
Negotiable

What are the trading hours?
Daily from 7am through 10 pm

What is the square meters of the business?
650 square meters

Is a copy of the lease available?
Yes

Do you require a licence?
No

What are the main assets of the business?
Furniture and equipment

Are any items not included in the sale?
Wine bottles (giant)

What is their overall condition?
Good but needs a facelift

Which assets are on lease/HP and with whom?
Only the dishwasher

Strengths?
Community driven in a high traffic area, surrounded by offices, schools, and residential buildings, ensuring a steady stream of customers.
The coffee shop has a well-defined brand identity, including a recognizable logo, branding, and other marketing materials.

Weaknesses?
Not being owner run and prime location comes with high operating costs.

Opportunities?
If owner would work full time the opportunity is there to build a solid relations with customer and start building loyalty

Threats?
Regulatory changes and supply chain disruptions

What is the reason for the sale?
Other interest

Why is this a good business?
Great location , already popular and still room for even more growth makes this business a great steal.

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AGENCY DETAILS

Aldes Album

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