Excellent Europa Franchise Days Only Northern Suburbs For Sale

Business description

This shop is part of one of the biggest group of coffee shops in the country. It occupy's a prime position in the shopping centre, with both inside seating and covered outside seating areas. The shop is 6 years old and the present owners have had the business for almost three years. It is an excellent business making an average net profit of R90, 000-00 per month, after Vat, working days only form 06h30 to 18h30 during the week, and early closing on the weekends. The shop is very well run by the operating partner with the help of one manager. It is one of those fantastic businesses that has good steady trade throughout the day, everyday,(even during the present dificult economic climate), becoming extremely busy during all the usual peak periods. Because of this, the Franchisor insists on the new owner being an owner/operator who must continue to run the store keeping up the good personal relationship the present owners have with their regular and passing trade customers. The Franchisor will supply all the training required, and head office will assist during the takeover period. The beauty of this business is that it is well established and all the staff are well trained with most of them having been there since inception. The turnovers have been consistant through out the year with plenty of passing trade, owing to their fabulous location in a shopping centre with anchor tenants such as Pick 'n Pay and FNB.
This business is a good solid business, with good profits month on month throughout the year, and still climbing. A great shop!!

Business Operation

Competition / Market:

Only coffee shop in the centre, although there are two other restaurants as well.

Reasons for selling:

The two owners no longer live in Johannesburg, and therefore wish to sell and buy an alternative in the same City/Country they now live in.

Trading hours:

Monday - Friday 6-30am - 7pm. Saturday 8am - 5pm and Sunday 8am - 3pm.

Franchise terms

Franchise opportunity:

Yes

The Franchisor has to approve the new owner before a sale may take place, and a once off Joining Fee of R75k plus Vat is applicable over and above the selling price.

Other information

Furniture / Fixtures value:

R1,500,000 (included in the asking price)

Inventory / Stock value:

R60,000