A well setup and store initiated by two young entrepreneurs intent on establishing a national franchise. Covid has affected sales but tourists are coming back and restrictions are being lifted.
This is a full “turnkey” franchise operation that includes all registered rights to the brand, trademark, logo, franchise agreements, operating manual, website & domain. An ideal purchase to enter franchising with all the groundwork & expenses already done and expand it nationwide.
Unique specialty waffles with inhouse executive chef developed recipes, milkshakes, smoothies, salads, sandwiches, wraps & others.
Total sales & profits reflect only limited 3 day week operation during covid lockdown.
- Asking Price:
- R600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R1,900,000
- Cash Flow:
- R52,500
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Expires June 2023 + renewal option
- Leasehold Rent:
-
R180,000 per annum
- Location:
-
South peninsula, Cape Town.
- Premises Details:
-
74 sq.m
Business Operation
- Expansion Potential:
-
Franchising nationally
- Reasons for selling:
-
Owner has another career opportunity
- Trading hours:
-
Tuesday - Sunday 10h00 - 17h-00
- Employees:
- 10 (FOH & kitchen)
- Years established:
- 3
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
No terms.....you will be the franchisor so you can determine your own terms for future franchisees.
Other Information
- Support & training:
-
Owners will provide full training and support as required.
- Furniture / Fixtures value:
- R917,000 - included in the asking price
- Inventory / Stock value:
- R25,000 - included in the asking price
