Here is an excellent opportunity to purchase one of two Franchise Coffee Shops, either in the East Rand or alternatively in the Kempton Park area. Both opportunities belong to the same Franchise Group, and are both going-concerns that are owned by two different Franchisees. The shops were upgraded to Franchisor's spec approximately 2 to 3 years ago, and the Franchisor wishes to have dedicated owner/operators in their stores, and will supervise the sale of each shop, although ultimately the store will be bought from either of the current Franchisees, both of whom are willing sellers. The price of each store is extremely reasonable, and the Franchisor will supply Training and Support for the new owners. 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 R800k mark, for either of the sites, plus Stock of approximately R25k. Both stores are very well located in the centres, and if run correctly they have huge opportunity for growth as long as the new owner runs the Store personally, with the help of a manager, but being in the business on a daily basis!
Both of these Franchises are fabulous opportunities because the purchase price of both stores is reasonable, and in this case, the Landlord and the Franchisor are one and the same, and therefore they are able to help new owners to get up and running smoothly, as they control both the Rental and the monthly Franchise Fees.
Two brilliant opportunities just ripe for the taking!!!
- Asking Price:
- Undisclosed Furniture / Fixtures included
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
Each of these stores is well located in each centre, as the Franchisor is also the Landlord, so their centres are dedicated to supporting their own Brand.
Business Operation
- Reasons for selling:
-
Both the current Franchisees do not run their businesses on a daily basis, and the Franchisor only wants approved, dedicated, 'hands-on' owner/operators running their Coffee Shops.
- Years established:
- The store in the East Rand is approximately 14 years old, but was fully revamped approximately 2 to 3 years ago. While the Kempton area store is approximately 7 years old and was also revamped approximately 2 to 3 years ago.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All Support and Training will be given by the Franchisor.
- Furniture / Fixtures value:
- R750,000 - included in the asking price
- Inventory / Stock value:
- R25,000
