Well Supported Profitable Licensed Coffee Bar Bistro, Port Alfred

Eastern Cape

R 330 000

Financial Information

Detailed financials available on request

Coffee Shop and Bistro Business for Sale. This well supported, profitable landmark business was established in 2008 and it is ideally situated with ample parking. It is offers seating both inside and outside for about 42 patrons. This liquor licensed business is managed by the owner who is supported by seven well trained permanent staff and a temporary manager. There are a number of great opportunities to further increase business including a focus on the bistro with extended hours into the evenings, Saturday afternoons and Sundays. The owner is selling to focus on other business interests which creates a perfect opportunity for a serious buyer to purchase a small well established profitable business in a prime location. The business is operated from leased premises and the landlord is aware of the pending sale and is agreeable to a new lease under similar terms and conditions. The business has an annual net profit (EBPIDT) of approximately R152,704 and offers a return on investment of 42%. The asking price is R360,000, excluding vat and stock. For more information on this great opportunity, please contact the Listing Broker -Neville Loader (071 327 5916) Ref: ET00046 Timestamp: 20180605054556