Franchised Coffee Shop, Steeldale area, For Sale

Here is an excellent opportunity to purchase a lovely Franchised Coffee Shop, at a very reasonable price, that is a going concern, well located near a large National Supermarket in the Centre, which shopping centre is situated in the Steeldale area. The shop was recently upgraded to the Franchisor's spec, and the Franchisor wishes to have a dedicated owner/operator in their store, and will supervise the sale of the shop, although ultimately the store will be bought from the current Franchisee, who is a willing seller. The price of the store is extremely reasonable, and the Franchisor will supply Training and Support for the new owner. There will be a once-off Joining Fee of R100k plus Vat due to the Franchisor, over and above the Purchase Price, which Purchase Price will come in below the R500k mark, plus Stock of approximately R30k. If run correctly, the business has huge scope for growth, as long as the new owner runs the Store personally, with the help of a manager, and who should be in the business on a daily basis! The shopping centre is undergoing the adding of phase two, which will almost double the size of the centre, and therefore, in the long term, adds to the growth opportunity.
This Franchise is an excellent investment because the purchase price of the business is so reasonable, and especially because, in this case, the Landlord and the Franchisor are one and the same!! Therefore, they are able to help a new owner get up and running smoothly, as they control both the Rental and the monthly Franchise Fees.
A brilliant opportunity, just ripe for the taking!!!