Wimpy With Mugg & Bean Express Restaurants For Sale

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

Related Documents:

•   NDA