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Summary Attactive and secure Midrand office park complex has a free-standing restaurant/coffee shop in a garden setting. Over 25 office blocks in the complex with a few thousand captive daily clients for breakfast, lunch and catering.
Guarded office block accommodating leading businesses.
Close to highway - very easy access from Midrand, Centurion and Sandton.
Trading hours:
From 7.30 a.m. to 4 p.m weekdays only. Closed for 2 weeks at Christmas/New Year.
Purpose built stand-alone building with patio and parking. Pleasant, sunny, large covered patio, small indoor seating area, serving counter, small fully equipped manageable kitchen and storeroom. About 250 m/sq in extent.
No liquor license necessary.
Fully equipped.
The business has been thriving for 5 years and is growing nicely.
A growing 20% of sales are catering orders - either small functions at the resturant or platters for delivery to the offices.
Vacancies in the office complex have gone from 30% early last year to under 10%.
The Gautrain and highway opening makes Midrand the office location of choice.
The are few public coffee shops in the area. Some of the offices have small canteens or kitchens.
Leasing Details Top property owning company built the coffee shop for the present owner. A further 5 year lease is offered to the new owner.
Leasehold Rent :R150,000 per annum
Staffing Details Currently 5 staff : 2 in kitchen, 2 family members, 3 waiters/delivery assistants
Asset Details Furniture / Fixtures value:
R300,000 (included in the asking price)
Inventory / Stock value:
R20,000
Handover Details Full training and support provided by experienced owner who wants to see the business prosper under a new owner.
Reason for Selling Expansion of family export business requires management time
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