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Established Milky Lane For Sale

Somerset West, Western Cape, South Africa
Asking Price:
R1,000,000 Furniture / Fixtures included
Sales Revenue:
R1,620,000
Cash Flow:
R230,000

Cuisine: Historically focused on ice cream, decadent desserts, and treats.

Experience: A classic, household-favorite brand that is a leader in indulgence, particularly during holiday seasons.
Brand: Known for its soft-serve ice cream and other desserts, and has expanded to include "NiceCream Carts" and delivery services.

Property Information

Real Estate:

Lease

Lease Terms:

Lease renewable

Leasehold Rent:

R196,000 per annum

Location:

Located in the food court of one of the most popular malls in the Cape Winelands.

Premises Details:

The premised is well equipped and very attractive decorated.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The mall is expanding rapidly and plans to upgrade the food court to the highest level are already published.

Competition / Market:

This is an exclusive brand for tasty treats and in ice cream and waffle favorites.

Reasons for selling:

Owner has other business interests too

Trading hours:

Mon to Sun 9:00 to 21:00

Employees:
4 employees
Years established:
The brand exists since 1958

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full support and training from the Franchisor

Furniture / Fixtures value:
R700,000 - included in the asking price
Inventory / Stock value:
R15,000