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Coffee Shop Franchise, Greenstone Area, For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R650,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This recently revamped attractive coffee shop is well located in the Greenstone area and is affiliated to one of the top National Supermarket Brands. The present Owners have had the shop for the past 8 months, although it has been open for over 2 years. Since the revamp, and especially since January 2021, the business has shown month on month growth. The present owner has decided to leave South Africa and wants to sell the business urgently, and therefore this is an excellent opportunity for a purchaser, who wishes to be a 'hands-on' Owner/Operator, to purchase this already profitable business at a very reasonable price, and to continue growing the business as Covid-19 eventually disappears in the not too distant future, and which business, despite the Pandemic, has a lot of room for much more growth going forward.
This shop sells all the usual Coffee Shop fare including All-Day Breakfasts, Toasted Sandwiches, Wraps, Open Sandwiches, Salads, Burgers and various lunches coupled with excellent Coffee and a variety of Cakes, Muffins and other Pastries. An excellent opportunity that is unique in that, not only is the business revamped and revitalised, but being affiliated to a National Supermarket Group, there are many more opportunities for expansion in the future.

Property Information

Real Estate:

Lease

Location:

Well located in a suburban shopping centre in the Greenstone area and affiliated to one of the major National Supermarket Groups.

Business Operation

Expansion Potential:

Since they did the revamp only 6 months ago, the business has literally grown month on month, and still has huge potential for much more growth going forward .

Competition / Market:

There are other food outlets in the centre, but the Landlord will not allow any other coffee shops to open in their centre.

Reasons for selling:

The Owner is leaving Johannesburg.

Trading hours:

The business is open Monday to Saturday from 8-30am to 6pm and Sundays from 8-30 am to 3pm.

Employees:
They now have a Total of 5x BOH employees including the Barista and 3x Waiters.

Other Information

Support & training:

The Franchisor will supply all the necessary training and backup for the new owner. There will be a Training Period, (depending on how much experience the new Owner has), of approximately 3 to 4 weeks before Takeover can happen. There will be a once off Franchise Joining Fee of R100, 000 due to the Franchisor, who must approve the Purchaser, before a Sale may take place.

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R35,000

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