This lovely Franchised Coffee Shop is located in a busy Strip Mall in the Benoni area, and is affiliated to one of the large National Supermarket Groups which owns the Franchise and the shopping centre. The Centre has a Generator and the business is therefore never affected by Load Shedding. The shop is 11 years old, but was completely revamp from the floor up by
the Franchisor to the tune of over R1m 18 months ago, just before the current owner bought the business. Thereafter the business has shown growth month on month, however, there is still plenty of room for much more growth. Surrounded by Corporate Buildings and many Townhouse complexes including Retirement Villages, they are well supported by all the locals in the area, as well as passing trade from the busy well known main road that runs passed the one side of the centre. They have a wide mix of domestic and business clients, including many regulars. The business serves a high standard of all the usual coffee shop fare including Pizzas from their electric Pizza Oven, all-day breakfasts, wraps, tramezzini, plus a wide selection of lunches and excellent Coffee and homemade cakes. There is a separate outside smoking area as well, and all in all this a very well run store with a lovely friendly ambience and very good service, and being sold at the very good market related 'value for money price of R800k', (slightly negotiable), plus Stock of R80k.
The shop is very well organised by the owner who was in the shop working full time 'hands-on' most of the time, but because of other commitments can no longer do so. Nonetheless, he has expedited fantastic checks and balances that are still in place, and it has become a brilliant opportunity for a new owner to take over very easily, without missing a beat!! A top opportunity indeed!!!
- Asking Price:
- R800,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Very well located at the entrance to the Supermarket in a lovely strip mall very conveniently located in the Benoni area.
- Premises Details:
-
Lovely shop able to seat 140 pax, including a lovely outside area, and separate smoking area.
Business Operation
- Competition / Market:
-
Altthugh there are quite a few other eating establishments in the centre, they have no direct competition at all.
- Reasons for selling:
-
The owner is involved with another business that is not the food industry and is unable to spend enough time in the store any longer, and therefor needs to sell the business quite urgently.
- Trading hours:
-
The business is open Mondays to Saturdays from 7am to 7pm, and Sundays from 8am to 4pm.
- Employees:
- The employ a Total of 19 employees which includes the waiters and 2x Managers.
- Years established:
- The shop is eleven and a half years old, and was completely revamped 18 months ago. The present owner has been in the business for 1.5 years.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All training and support will be supplied by the Franchisor. There will be a once off Joining Fee due to the Franchisor, over and above the Purchase Price, of R100k plus Vat, and the Purchaser must be approved by the Franchisor before a Sale may take place.
- Furniture / Fixtures value:
- R800,000 - included in the asking price
- Inventory / Stock value:
- R80,000
