Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Mugg And Bean Franchise In Grahamstown For Sale

Grahamstown, Eastern Cape, South Africa
Asking Price:
R1,600,000
Sales Revenue:
R5,276,994
Cash Flow:
Available on request

This is a unique opportunity to own a Mugg and Bean, one of South Africas leading franchised restaurants in the relaxed family lifestyle environment of Grahamstown. This vibrant student town is only a 40-minute drive from the golden beaches of the Eastern Capes Sunshine Coast.

Grahamstown is home to Rhodes University and some of the country's top private and government schools and the perfect environment to raise and educate children. It is also surrounded by internationally renowned game lodges that host many foreign tourists to the region.

This restaurant was established by the existing owner in 2015 and it is situated in the new section of the Peppergrove Mall, Grahamstowns largest and busiest shopping centre. It is well frequented by students, scholars, the business and legal fraternity as well as the general public.

Boasting the new Mugg and Bean look, it accommodates 82 inside diners and the next revamp is only estimated for 2020. The business is mostly manager run and supported by 24 well-trained staff.
The business operates from leased premises and the five-year lease expires in 2020 with the first option to renew for another five years.

The owner made a decision to sell and to focus his attention on his other local business interests. This creates a perfect opportunity for a serious buyer to acquire a top Franchise restaurant in an awesome location.

The asking price is R1,600,000 (excluding VAT and Stock).

Property Information

Real Estate:

Lease

Premises Details:

5 years, option to renew. The landlord is aware of the sale.

Business Operation

Trading hours:

07:30 to 19:00 Monday to Sunday.

Years established:
5 Years.

Franchise Information

Franchise opportunity:

Franchise Resale

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Business Traders. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here