FRANCHISE BUSINESS WITH STORES - CBS 422

PRICE: R1,2 mil negotiable 

Business ID: CBS 422
Industry Sector: General Franchises: Food
Location: Cape Town, Far southern suburbs

Two well setup high quality stores in great locations, initiated by two young entrepreneurs intent on establishing a national franchise…then came Covid.

This is a full “turnkey” franchise operation that includes all registered rights to the brand, trademark, logo, franchise agreements, operating manual, website & domain. An ideal purchase to enter franchising with all the groundwork & expenses already done and expand it nationwide.

Unique speciality waffles with inhouse executive-chef developed recipes, milkshakes, smoothies, salads, sandwiches, wraps & others.

Seller negotiable on the price.

Training and backup will be provided.

Stock in Trade: ZAR 15 000 each
R.O.I: N/A yet
Turnover: ZAR 1,2 mil & R1,04 mil pa (limited covid trading 3 days per week)
Operating Profit: ZAR 37 500 (see above)
Asset Value & setup: ZAR 650 000 each
Size of Premises: 74 sq.m each. GREAT LOCATIONS
Lease: Expires Apr 2023 & Jun 2023 respectively. Both have renewal options.
Rental: R15 000 & R18 000 pm respectively
Staff: 10 (Kitchen & FOH) each.
Year Established: 2017
Legal Entity: Private company
Reason for Selling: Another career opportunity

OUR BUSINESS & PROPERTY SERVICES INCLUDE

  • Assessing a fair market value of your business / property
  • Assistance with information required
  • Trust and confidentiality in negotiations
  • Providing qualified buyers
  • Matching your business / property with qualified buyers in our database
  • Marketing plan for the sale of your business / property
  • Listing your business / property on our own and top websites we subscribe to
  • Feedback on progress regarding serious buyers
  • Viewing arranged by appointment only
  • Information on what buyers really want
  • Preparation of sale agreements and facilitating the sale process

 

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