Summary
- Asking price:
-
Available on request
(Furniture / Fixtures included)
- Sales revenue:
- R10,020,000
- Cash flow:
- R161,654
- Franchise opportunity:
- Yes
- Years established:
- 2 years
- Employees:
- There are 42 staff members, including baristas, and barman, with 5 managers and about 35 waiters
Business description
This franchise restaurant is situated in one of the major centres in Centurion. It is part of a coffee shop franchise that is well known for their excllent quality food and service. It is well located in the centre, and is run like a well oiled machine by 5x managers, as the owner has other businesses and cannot be there full time. This is a great opportunity for an owner/operator to come on board with the managers, and take the shop to the next level.
Property information
- Location:
- Well located in a leading centre in Centurion, with an outside area with a very pleasant view.
- Premises details:
- The shop is 600m2 and is situated amoungst a whole lot of different food outlets, and so there is always plenty of passing trade looking for food.
Other information
- Expansion potential:
- There is plenty of potential for an owner/operator to improve turnovers by advertising the store, promoting functions, and generally by being there full time to help make the store a home from home.
- 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.
- Reasons for selling:
- The owner is involved in other businesses, and cannot afford the time to be in the store any longer.
- Trading hours:
- Monday to Friday 7am - 10-30pm. Saturdays 7am. - 11-30pm. Sundays 8am - 10-30pm.
- Furniture / Fixtures value:
- R3,000,000 (included in the asking price)
- Inventory / Stock value:
- R120,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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