Franchised IV Drip Lounge in a fast growing, high income Winelands node. Located in a modern, still expanding shopping centre, this IV Bar franchise is perfectly positioned to benefit from the area’s strong growth. The current owners have already done the hard work: the store is fully set up, professionally run, staffed with trained professionals, and supported by an existing customer base. The business has reached break-even and is ready for the next stage of growth and profitability
An ideal opportunity for a buyer with some online marketing skills, especially someone connected to the fitness, wellness, or sporting community. The asking price is less than setting up a new store.
- Asking Price:
- R900,000 Furniture / Fixtures included
- Sales Revenue:
- R2,000,000
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
new lease 3 years
- Location:
-
Shopping Mall
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Owner has returned to his previous profession
- Trading hours:
-
9am to 6pm
- Employees:
- 3
- Years established:
- 3 years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Royalty 7% of turnover; franchise joining fee R100k. Marketing fee
Other Information
- Support & training:
-
Full training and support is provided by the franchisor
- Furniture / Fixtures value:
- R300,000 - included in the asking price
