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Well-located Pie, Pastry And Refreshments Shop For Sale

Durbanville, Western Cape, South Africa
Asking Price:
R320,000
Sales Revenue:
R1,251,000
Cash Flow:
R263,000

A home economic shop situated in a vibrant mall in the heart of Durbanville has become available. The shop is in a busy section of the mall, and some exciting new mall developments are planned that should see greater foot traffic. The shop is well-known for its fresh pies, and also sells cakes, coffee and an assortment of refreshments and cooldrinks.

Property Information

Real Estate:

Lease

Lease Terms:

Rent: +/- R35 000 p/m incl. water, electricity and services

Leasehold Rent:

R420,000 per annum

Premises Details:

Located in a busy section of a vibrant mall.

Business Operation

Expansion Potential:

Increased foot traffic from mall developments and potential to expand products and services.

Reasons for selling:

Owner is pursuing other business opportunities.

Employees:
1
Years established:
16

Other Information

Support & training:

To be provided.

Inventory / Stock value:
R25,000