How does the business operate on a daily basis?
As a sit down or takeaway restaurant/ cafe.

How are the clients attracted to the business?
Word of mouth, social media, social outreach.

What Advertising/Marketing is carried out?
Social media platforms daily.

What competition exists?
Other cafes in the area

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Bi-monthly VAT returns are submitted

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

What Balance Sheet and Income Statements are available?
February 2025
June 2025

What percentage of the business is cash/credit?
90% Credit Card
10% Cash

What is the age analysis of the debtors book?
30 Days/ Current

How could the profitability of the business be improved?
Owner driven, possibly looking at expanding the space.
Opening at night.

What is the total staff complement?
8

Give a breakdown of staff/ functions/ length of service?
Manager - Stock/ Expense controls, opening and closing duties - back/ front.

Do any receive special perks or incentives?
Target incentives - sales/ specials etc.

Do any have management potential?
Yes - Definitely.

How involved is the Owner in running the business?
Oversight on a daily basis but not on the floor.

Do they have signed employment contracts?
Yes

When does the current lease end?
May 2027

Is there an option of renewal & what period?
Yes - 3 or 5 year

What is the annual escalation %?
6%

What are the trading hours?
08:00 to 17:00 Monday to Sunday

What is the square meters of the business?
89sqm rentable space plus outside area

Is a copy of the lease available?
Yes

Do you require a licence?
Business Licence - Umgeni

What lease deposit and/or other surety is required?
R26133.00

What are the main assets of the business?
Display refrigeration
Display Units
Coffee Machine
Under Bar Fridges

What is their overall condition?
Very Good

Do any require repairing?
Not currently

How have they been valued ?
Fair second hand value

Which assets are on lease/HP and with whom?
GAAP - Point of Sale

Will Seller settle or Buyer to take over?
Buyer to take over

Are copies of agreements available?
Yes

Are they presently insured?
Yes

Is a full asset list on file?
Yes

Strengths?
Strong tenant mix
Good food reputation

Weaknesses?
Ablutions a little far away
Kitchen needs to be larger for better capacity

Opportunities?
Owner driven and connection to local community has huge potential.

Threats?
Competition in the centre

What is the reason for the sale?
Need to focus on the owner's main business

Why is this a good business?
Fast growing area, secure, safe location, schools, community very strong.