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Sorbet In Cape Town - Winelands For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R1,950,000
Sales Revenue:
R4,400,000
Cash Flow:
R690,000

This sorbet is located in a popular village shopping centre with Woolworths, Clicks, Checkers and Food-Lover’s Market anchor tenants and secure underground parking.

The Owner has 2 stores. A family member was managing this store but is now emigrating.

Property Information

Real Estate:

Lease

Lease Terms:

New 5-year lease. Lease escalation: 8%

Leasehold Rent:

R660,000 per annum

Premises Details:

3 treatment rooms, 6 mani stations, 5 Pedi chairs

Business Operation

Reasons for selling:

Family reasons

Trading hours:

Mon-Fri 9am—6pm, Saturday 9am-5pm, Sundays 9am—2pm

Employees:
12
Years established:
Over 10 years in operation

Franchise Information

Franchise opportunity:

Yes

Franchise terms:

Joining fee R175 000. 6.5% royalty. 3 or 5 year contract. 1 month training included in the
franchise fee. At least 50% of purchase price must be funded from own resources.

Other Information

Support & training:

1 month training to be provided.

Furniture / Fixtures value:
R162,000
Inventory / Stock value:
R300,000