MAMU is an exclusive contemporary brand. The business is located in a spectacular development at the Tygerlake Waterfront near Tyger Valley. In addition to its exciting coffee menu is a range of cakes, sandwiches and other coffee foods. The atmosphere is vibrant and club-like and very attractive to the youth and business executives. New business developments are currently booming in the area. Expansion and growth opportunities are excellent. The asking price is R1.5m neg.
There is opportunity to introduce a full-fledged food menu which will easily double profits; the set-up and bar makes provision for alcohol if the buyer wants to acquire a liquor licence. I project however organic growth with the current offering will net 100% growth year on year.
FRANCHISING is really the big picture opportunity! The business is designed to be easily replicated with only 3 main suppliers. There is also the opportunity to sell coffee and coffee beans in the retail and wholesale industry.
There no threats in terms of competition to the business. MAMU is a unique concept and even if there were three coffee shops next to MAMU they would only help grow the business! The boardwalk where MAMU is situated is a ''social/reataurant'' boardwalk where we focus on a range of coffees, desserts and light meals. Zibaldone is the closest in the centre in the foods business. It is an upmarket Italian restaurant. Buena Vista is a Cuban cafe selling a lot of alcohol. MAMU is a piece of Europe on Tyger Lake! No other coffee shops are allowed on the development as part of the lease although one may welcome it, such competition may even be healthy in the sense that together they may attract a wider clientele in a rapidly growing social and business hub! Email or contact Mahmood at 082 493 9332 for more information on this Coffee Shop for sale.