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Annual turnover

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  • Mandate: 37451
  • Added: 09 Jun 2025
  • AFS
  • 108

Fully Licensed Restaurant, Cocktail Bar and Lounge

KwaZulu-Natal, South Coast
108
Mandate 37451
Added 09 Jun 2025
R 1,350,000* ZAR
Stock: R 100,000
Assets: R 976,171
R 48,535 ZAR
Nic Nortje
(PRINCIPAL)
Aldes Prestige
KwaZulu-Natal, Hillcrest
KwaZulu-Natal, Hillcrest
Summary

Bali and Boho themed lifestyle cafe, this restaurant is perfectly situated in KwaZulu-Natal on the South Coast. Offering breakfast, lunch and dinner as well as Sushi, a coffee bar, a cocktail bar and lounge.

SELLING PRICE AFS
R 1,350,000* ZAR
Stock: R100,000
Assets: R976,171
R 48,535 ZAR
Summary

Bali and Boho themed lifestyle cafe, this restaurant is perfectly situated in KwaZulu-Natal on the South Coast. Offering breakfast, lunch and dinner as well as Sushi, a coffee bar, a cocktail bar and lounge.

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please supply us with your details below

Fully describe the business's activities?
Restaurant serving breakfast, lunch and dinner. Coffee bar, Food galley, Cocktail bar and lounge, sushi chef.
Fully licenced

How long has the business been established?
3 years

How long has the owner had the business?
3 years

Give a breakdown between sit-down, takeaways and deliveries
70% Sit Down
30% Takeaways

What is the average KW usage?
10kw

What steps are in place to solve 'load shedding' problems?
Generator

How does the business operate on a daily basis?
Opens for customers at 08:30 and closes at 15:30 on a Tuesday.
Wednesday to Saturday open from 08:30 until 20:30.

How are the clients attracted to the business?
Exceptional food menu, exceptional coffee, sushi and cocktails.
Niche location, styled Bali and Boho to create a relaxed ambiance, great for events

What Advertising/Marketing is carried out?
Social media, local magazine and word of mouth

What competition exists?
A below average coffee shop that closes at 16:00 daily.
Other restaurants are Italian and Pizza.

What are the seasonal trends?
Major for peak holidays in July and December.
Great for mid term breaks.
Great with local out of season trade.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All

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

What Balance Sheet and Income Statements are available?
All

What percentage of the business is cash/credit?
Cash 20%
Credit Card 80%

How could the profitability of the business be improved?
Close hand on stock control
Marketing
Retail, Events and Catering

What is the total staff complement?
7 Permanent on rotation
3 Freelance

Give a breakdown of staff/ functions/ length of service?
Head Cook - 3 years
Front of House - 3 years
Sushi Chef - 5 months
Cocktail Barman - 5 months

How involved is the Owner in running the business?
Daily for a few hours

Do they have signed employment contracts?
Yes

When does the current lease end?
May 2026

Is there an option of renewal & what period?
Yes - Annual Lease

What is the annual escalation %?
7%

What are the trading hours?
Monday Closed
Tuesday 08:30 - 15:30
Wednesday to Sunday 08:30 - 20:30

What is the square meters of the business?
200sqm

Is a copy of the lease available?
Yes

Do you require a licence?
Yes

What lease deposit and/or other surety is required?
1 Month Rent

What are the main assets of the business?
Equipment

What is their overall condition?
Second hand

Do any require repairing?
Not at the moment

How have they been valued ?
Second hand value

Are they presently insured?
Yes

Is a full asset list on file?
Yes

Strengths?
Unique in the area
Attractive design and layout
Fully operational
Returns are on the uptrend
Long term staff in place
Cheap rent for the size of space
Room to scale

Weaknesses?
None

Opportunities?
Reduce the cost of sale for more profits
Introduce new retail options
Advertise events and catering services

Threats?
None

What is the reason for the sale?
Owners moving out of the area

Why is this a good business?
Scalable and currently on the uptrend x250% month on month per year

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