"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
A chic boutique Cafe, in European style in Africa, in the Winelands, offering unique cuisine with bar options of all-day breakfast, lunch and unique Napoli style pizzas.
How long has the business been established?
Since 2024
How long has the owner had the business?
From inception
How does the business operate on a daily basis?
They have a chef-manager in place, so the business can operate with minimal owner involvement.
However, considering the business is still young, it is in the owners' best interests to remain involved..
How are the clients attracted to the business?
Social media advertising, word to mouth, recommendations. Growing regular customer community.
What Advertising/Marketing is carried out?
Social media, website, Google pin.
What competition exists?
Located in the town centre, there is competition, but they offer uniquely delicious food. This central town area is developing rapidly, attracting a lot of customers - like a food court.
What are the seasonal trends?
Not much variation has been noticed because most of the customers are locals.
Is the business VAT Registered?
Not yet
Are there up-to-date Management Accounts available?
Yes
What Balance Sheet and Income Statements are available?
Bank statements, POS sheets
What percentage of the business is cash/credit?
100@ Cash/credit card
How could the profitability of the business be improved?
A liquor license application is currently in process and will significantly increase profitability..
Lots of other marketing options.
What is the total staff complement?
5 X Full time
2 x Part time
Give a breakdown of staff/ functions/ length of service?
Chef-manager
Two Chef assistants
Pizza chef
Barista
Two Waiters
Do any receive special perks or incentives?
None besides the tips they make.
Are they on contract?
All permanently employed.
Do any have management potential?
Yes, the Chef is already in a management position.
How involved is the Owner in running the business?
There is a Chef-manager in place so that the business can operate with minimal owner involvement.
However, considering that the business is still young, it is in the owners' best interests to remain involved in the business.
When does the current lease end?
August 2025
Is there an option of renewal & what period?
Yes, the property owner will be pleased to renew
What is the annual escalation %?
8.5%
What are the trading hours?
8am - 5pm - Monday to Saturday
5pm - 8pm - Pizza takeaway Monday to Saturday
What is the square meters of the business?
99 sq metres
Is a copy of the lease available?
Yes
Do you require a licence?
A liquor licence application is currently underway.
No other licenses required
What lease deposit and/or other surety is required?
2 Months lease deposit.
What are the main assets of the business?
A full list on file
What is their overall condition?
Excellent
How have they been valued ?
Fair market value
Strengths?
Uniqueness of recipes and the venue decor, very good reviews for staff and location
Opportunities?
Development of evening trade and pizzas
The restaurant can grow by using different marketing techniques
A liquor license applicationion, currently underway, will grow the business.
What is the reason for the sale?
The owner is relocating at the end of 2025
Why is this a good business?
Shows good growth
Excellent location and venue
Free parking.
It is still young
Has unique European food.
Excellent service
Great opportunities to add evening trade.
