An exciting opportunity to acquire a well-established and excellent, well named food franchises in a very busy center in Cape Town CBD. The current cost for setting up new and complete Wimpy's is approximately R4mil each. The brand is renowned not only for its Famous Wimpy Coffee, all-day breakfasts and Wimpy burgers but also for treating South Africans to a wide selection of grills, salads, shakes and desserts. The potential to grow further is clear from the ongoing affluent developments, and location within the surrounding areas as well as building on the delivery offering to customers.
- Asking Price:
- R1,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Cash Flow:
- Real Estate:
- Lease Terms:
Leases are renewable
- Leasehold Rent:
R551,329 per annum
Situated in very busy shopping centre in the middle of Cape Town
- Premises Details:
The premises for the restaurants are very well equipped and attractively decorated according to the highest standards.
- Expansion Potential:
With even more personal attention and marketing drives the business can grow exponentially
- Competition / Market:
These restaurants set the standards and other follow
- Reasons for selling:
The owner have other business interest too
- Trading hours:
- There are 16 employees
- Years established:
- The current owner started this restaurant in 2018
- Franchise opportunity:
- Franchise terms:
New Franchisee(s) must be approved by Wimpy. A Franchise Joining Fee of +/- R100,000 per shop will be payable to Wimpy.
- Support & training:
Full training from the seller and continuous support from the Franchisor.
- Furniture / Fixtures value:
- R2,500,000 - included in the asking price
- Inventory / Stock value:
- R50,000 - included in the asking price