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Coffee Shop Specializing In Delicious Bagels & Wraps In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R650,000 Furniture / Fixtures included
Sales Revenue:
R2,500,000
Cash Flow:
Available on request

We have an exclusive mandate to offer this Fantastic opportunity to invest in an already established store which is part of a fast growing and unique Coffee and Bagel Franchise!

Jacks Bagels is the first bagel shop franchise in South Africa. Serving a delicious choice New York style Bagels - both savoury and sweet,  Wraps, Fresh Juices The Best Belgian coffees and Milkshakes.

The 1st shop was opened in Port Elizabeth in 2018.

Seeing the popularity and success of his stores, the owner decided to Franchise the successful concept. In the last 3 years (over the pandemic and depressed economic ), Jack’s Bagels have had huge success growing to 17 stores across the Eastern Cape, Cape Town and Johannesburg.

This Franchise store is located in a very busy strip mall in Randpark Ridge ( a stones throw from the upmarket Eagle Canyon Estate.)

This store opened in June 2021, survived the lockdowns, and is now seeing a steady increase in turnovers and profit.

Current operating hours: Monday - Friday: 7am - 6pm. Saturday and Sunday: 8am - 2pm.

The cost of setting up this Franchise store was R1,35 million.

Selling Price: The Franchisee is prepared to accept offers from R650 000 due to the urgency of the sale.

Reason for Sale: Owner is emigrating.

Bonus - The owner has just installed a very fancy generator costing over R100k to ensure the business can operate fully during loadshedding!

We have an exclusive mandate to offer this Fantastic opportunity to invest in an already established store which is part of a fast growing and unique Coffee and Bagel Franchise!

Jacks Bagels is the first bagel shop franchise in South Africa. Serving a delicious choice New York style Bagels - both savoury and sweet,  Wraps, Fresh Juices The Best Belgian coffees and Milkshakes.

The 1st shop was opened in Port Elizabeth in 2018.

Seeing the popularity and success of his stores, the owner decided to Franchise the successful concept. In the last 3 years (over the pandemic and depressed economic ), Jack’s Bagels have had huge success growing to 17 stores across the Eastern Cape, Cape Town and Johannesburg.

This Franchise store is located in a very busy strip mall in Randpark Ridge ( a stones throw from the upmarket Eagle Canyon Estate.)

This store opened in June 2021, survived the lockdowns, and is now seeing a steady increase in turnovers and profit.

Current operating hours: Monday - Friday: 7am - 6pm. Saturday and Sunday: 8am - 2pm.

The cost of setting up this Franchise store was R1,35 million.

Selling Price: The Franchisee is prepared to accept offers from R650 000 due to the urgency of the sale.

Reason for Sale: Owner is emigrating.

Bonus - The owner has just installed a very fancy generator costing over R100k to ensure the business can operate fully during loadshedding!

Further Opportunity - The Franchisor and Landlord have approved a soft Liquor Licence, so the new owner can apply for this and add Beer, Wine and Ciders to the menu. This will drastically increase turnover and profit!

Property Information

Real Estate:

Lease

Lease Terms:

New owner will sign new lease of 3 years + renew option.

Leasehold Rent:

R340,000 per annum

Location:

Busy Strip Mall

Business Operation

Expansion Potential:

We have an exclusive mandate to offer this Fantastic opportunity to invest in an already established store which is part of a fast growing and unique Coffee and Bagel Franchise!

Jacks Bagels is the first bagel shop franchise in South Africa. Serving a delicious choice New York style Bagels - both savoury and sweet,  Wraps, Fresh Juices The Best Belgian coffees and Milkshakes.

The 1st shop was opened in Port Elizabeth in 2018.

Seeing the popularity and success of his stores, the owner decided to Franchise the successful concept. In the last 3 years (over the pandemic and depressed economic ), Jack’s Bagels have had huge success growing to 17 stores across the Eastern Cape, Cape Town and Johannesburg.

This Franchise store is located in a very busy strip mall in Randpark Ridge ( a stones throw from the upmarket Eagle Canyon Estate.)

This store opened in June 2021, survived the lockdowns, and is now seeing a steady increase in turnovers and profit.

Current operating hours: Monday - Friday: 7am - 6pm. Saturday and Sunday: 8am - 2pm.

The cost of setting up this Franchise store was R1,35 million.

Selling Price: The Franchisee is prepared to accept offers from R650 000 due to the urgency of the sale.

Reason for Sale: Owner is emigrating.

Bonus - The owner has just installed a very fancy generator costing over R100k to ensure the business can operate fully during loadshedding!

The Franchisor and Landlord have approved a soft Liquor Licence, so the new owner can apply for this and add Beer, Wine and Ciders to the menu. This will drastically increase turnover and profit!

Competition / Market:

No competition with this unique offering!

Reasons for selling:

Owner is emigrating.

Trading hours:

Monday - Friday: 7am - 6pm.
Saturday & Sunday: 8am -2pm.

Employees:
8
Years established:
1

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Royalty of 5%.

Other Information

Support & training:

Full handover and ongoing training and support from Franchisor.

Furniture / Fixtures value:
R750,000 - included in the asking price
Inventory / Stock value:
R40,000

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