Building has five shops. Restaurant, Water Shop, Coffee Shop, Clothing Shop and General Store:
Shop no. 1 is a water shop with a high-tech reverse osmosis system. It also contains a self-contained coffee shop. The shop also has a high yield borehole for carting water sales. Shop 2 is a clothing store with 3 x industrial sewing machines . Shop 3. is a general store and Shop 4 is a restaurant that comes with equipment (mixers, ovens, fryers, stoves). The sale is also includes 3 brand new motorbikes. All shops come with points of sale, running stock where applicable and customer references
- Asking Price:
- R3,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R500,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Westbourne Road, Port Elizabeth
- Premises Details:
-
Building is L - Shaped
- Planning Consent:
-
Property is Zoned for Business
Business Operation
- Expansion Potential:
-
The owner is leaving the Country but would have expanded by buying the other half of the building due to increased interest and demand in particular for the restaurant, water and fruit and vegetables business
- Competition / Market:
-
Nearest competitor is KFC and Picasso for the restaurant and Splash Water for water sales. There is no immediate competition for the coffee shop or the type of food sold eg vegetables in the general store
- Reasons for selling:
-
Leaving the Country
- Trading hours:
-
8 am to 6 pm or late depending on demand
- Employees:
- 7
- Years established:
- 2019
Other Information
- Support & training:
-
Seller will provide basic training for use of points of sale, reverse osmosis machines, coffee machines and restaurant equipment
- Furniture / Fixtures value:
- R1,100,000 - included in the asking price
- Inventory / Stock value:
- R350,000 - included in the asking price
