Franchised Sandton Fresh Juice & Snack Bar For Sale

Business description

Well-known Sandton mall based juice and snack business has recently been renovated and is looking for a new Owner.

The business has been established some 4 years in the Mall and is very popular.

Clients enjoy whole freshly prepared foods and drinks. Limited menu and simple meals means that ingredients can be purchased daily and expensive chefs are not required.

Bright and vibey decor make the store attractive and fun to visit..

The business is fully equipped - walk-in fridges, display fridges, cake displays, seating for about 80 people.

Enthusiastic franchise support from top company

Property information

Real Estate:

Lease

Lease terms:

Balance of 3 year lease available. New lease will be available thereafter. Very fair rental for mall location.

Leasehold rent:

R360,000 per annum

Location:

Major Sandton Mall. Outstanding growth can be expected.

Premises details:

Close to entrance to supermarket

Planning consent:

Approved by Health Department - meets all physical criteria

Business Operation

Expansion potential:

Excellent potential - expansion of store brand, mall and population in the area is certain

Competition / Market:

No similar business in the mall - other businesses would be "restaurants" or offer fried "fast food"

Reasons for selling:

New business opportunity in supermarket business

Trading hours:

Seven days per week - 8am-6pm Closed Sunday afternoon.

Employees:

10

Years established:

4

Franchise terms

Franchise opportunity:

Yes

7% royalty on turnover. Franchise joining and training fee of some R70,000.

Other information

Support & training:

Complete franchise training is available. The Seller will also provide in-store advice and support.

Financing available:

No

Furniture / Fixtures value:

R800,000 (included in the asking price)

Inventory / Stock value:

R10,000