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Wimpy With Mugg & Bean Express Restaurants For Sale

Northern suburbs, Western Cape, South Africa
Asking Price:
R4,100,000 Furniture / Fixtures included
Sales Revenue:
R7,090,114
Cash Flow:
R929,602

This modern Wimpy with a Mugg & Bean is sold as a package deal.

The Wimpy opened during June 2016 as a new built and a mini upgrade was done in early 2024
Full kiddies’ gym available

The Mugg & Bean On the Go Express opened during December 2023

Property Information

Real Estate:

Lease

Lease Terms:

5 plus 5 years

Leasehold Rent:

R493,000 per annum

Location:

Modern Mall in Northern Suburbs

Premises Details:

Wimpy is approx. 220 square meters with 23 tables with 106 seats
The Mugg & Bean is on the Move Express store and due to space constraints all refrigeration and storage are kept at the Wimpy

Size in square feet:
220m2
Planning Consent:

All in place

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There are limited expansion potential

Competition / Market:

Plenty of competition

Reasons for selling:

Personal. Will be divulged to serious seller

Trading hours:

Mondays-Fridays: 08h00-17h30; Saturdays 08h00-16h00 & Sundays 08h00-15h00

Employees:
Full staff compliment as needed
Years established:
Wimpy 10 years and M&B 3 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Standard Famous Brands Terms
Franchise Joining fee of R50,000 payable by Purchaser

Other Information

Support & training:

Full support and training provided by Famous Brands

Financing available:

Buyer must bring 50% of purchase price in unencumbered funds to the table

Furniture / Fixtures value:
R2,900,000 - included in the asking price
Inventory / Stock value:
R50,000
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