Branded Coffee Shop In Bedfordview Mall For Sale

Business description

Very exciting premium internation coffee shop brand now in South Africa:
? Located close to entrance and banks in major Bedfordview malls
? Modern, vibey store is well lit, secure and attractive décor and signs.
? Full range of light meals and healthy refreshments is offered, take away or sit down in relaxed, upmarket setting.
? Excellent franchise support – full training and promotional support from dynamic and growing global brand
? Trained staff will remain in the business to assist the new owner.
? Business could be manager-run as the franchisor has trained all the staff in all aspects of the business operation
? Shopping centre has very affluent shoppers
? Shopping centre has excellent security - 24 hours.
? Covered parking for customers - the shopping centre is well known and very busy all year round.
? The shopping centre has an energetic promotional programme throughout the year.
? Fully equipped to franchise standards, all the equipment in the business isnew and in excellent condition.id
? Modern computerised Point of Sale system simplifies management control
? Business is open 7 days per week
? Set-up cost of over R1,35m

We have two similar stores with the same brand, area and owner - if you like them then take both!

The sales and profits are very conservative projections for the position at the end of the first year. The franchise expact much higher sales due to the exceptional mall locations of these businesses.

Property information

Real Estate:

Lease

Lease terms:

Five year renwable rental with fixed annual escalation.

Leasehold rent:

R130,000 per annum

Location:

Major shopping mall - such as Eastgate, Bedford Centre and similar standards and market sizes.

The mall will provide a new 5 year lease to a new Owner.

Rental escalation of 9%.

Premises details:

Located in high traffic area close to banks and mall entrances. The premises are safe, well lit and tiled. The open area design encourages for relaxed informal meetings or a quick snack as a take away.

PLEASE NOTE THAT THE BUSINESSES ARE HALAAL. THE NEW OWNER MAY ELECT IS THIS IS TO CONTINUE.

Planning consent:

Premises have municipal health approval.

Business Operation

Expansion potential:

Fantastic potential for increased sales at these outlets. The international brand has very aggressive growth target using proven market leader strategies that worked overseas.

Competition / Market:

Not close to other mall competitors.

Reasons for selling:

Owner has been transferred to a different business elsewhere in South Africa

Trading hours:

Monday to Sunday.
Limited menu allows

Employees:

3 per store - all are traind by the franchisor.

Years established:

Seven months

Franchise terms

Franchise opportunity:

Yes

11% total - includes royalty and advertising fund contribution of 2.5% The franchise joining fee has been pre-paid for a 5 year period.

Other information

Support & training:

Full training provided by the franchisor. The Owner will provide 2-4 weeks of support too.

Furniture / Fixtures value:

R1,350,000

Inventory / Stock value:

R10,000 (included in the asking price)