Cappuccinos Franchise Coffee Shop In Greater Pretoria Area For Sale

Business description

This franchise coffee shop/restaurant is situated in one of the major centres in the Greater Pretoria area. It is part of one of the best coffee shop franchises in the country, and very well known for quality food and service. It is well located in the centre with a beautiful view from the recently revamped verandah area. The owners have just spent R850, 000-00, (Incl. Vat), on a revamp of the whole store. The business is run like a well oiled machine by 5x managers, as the owner has other businesses and cannot be there full time. The present owner started the business 51/2 years ago, and was successful from day one.The menu caters for all tastes from toasted sandwiches to tramezzini to salads, pastas, pizzas, including main courses of various Italian steak and veal dishes and various chicken dishes, to name but a few, and generally producing really well presented and tasty restaurant/coffee shop fare. They also cater for the late night younger crowd who like to have various cocktails, shooters and other alcoholic beverages. This is a great opportunity for an owner/operator to come on board with the managers, and take the shop to the next level, as not only has the revamp been a great success and brought a lovely new fresh feel to the store, but more importantly, turnovers have increased to an average of R930k,(excl. Vat), per month!! Not to be missed!!

Property information

Location:

Well located in a leading regional shopping centre.

Premises details:

The shop is 600m2 and is situated amoungst a whole lot of different food outlets, and so besides being a destination store, there is also always plenty of passing trade looking for food.

Business Operation

Expansion potential:

There is plenty of potential for an owner/operator to improve turnovers more, by advertising the store locally, and promoting and catering for more functions, and just by generally being there full time to help make the store a home from home.

Reasons for selling:

The present owner is involved in other businesses, and can no longer afford the time to be in the store.

Trading hours:

Monday to Friday 7am - 10-30pm. Saturdays 7am. - 11-30pm. Sundays 8am - 10-30pm.

Employees:

There are 40 staff members, including baristas, and barman, with 4 full time managers & 1 part-time manager, with about 35 waiters working shifts.

Years established:

51/2 years

Other information

Support & training:

The franchisor must approve the new buyer, and supplies all forms of training and backup, and therefore requires a once off joining fee, over and above the purchase price, of R150k. Once the franchise agreement is signed, the franchisor will supply backup and training for as long as your assocition with them lasts.

Furniture / Fixtures value:

R3,000,000 (included in the asking price)

Inventory / Stock value:

R120,000