021 552 1018

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Price Range: From To

Business Description

Special offer – now selling for R1,2m
This is a fantastic opportunity to own 2 branches of a well operated and exciting young brand.
Excellent operating procedures, recipe manuals and stock controls in place.
The brand was established in 2016 and the first store opened in the 1st quarter of 2017.
Store number 2 was opened in 2nd quarter of 2018.
The brand & all rights held in the brand are included in the purchase of both stores.
All brand operations are currently run from store level, no “head office” expenses to worry about.
The purchaser will also own any Trademark rights in the brand. The potential exists for the purchaser to open multiple stores in the future and benefit from a franchise model if they choose.
The asking price includes:
• both restaurants with all their assets, as listed in the asset register including all stock on hand.
• Stock on hand also includes retail branded merchandise like peak caps, mugs and travel mugs.
• all ownership rights in the Brand including Copyright, Trademark, Logo and Web Domain
• essentially the buyer will own all the rights and would be able to claim any franchise royalty fees from any future branches which they open.
This brand is ready for a serious buyer to take it to then next level and grow the number of stores to a point where it could be sold off to the likes of Famous Brands. It requires the right buyer with dedication and commitment to the brand. This is a fun brand and is ready for the new owner to build on an already successful product.

Business Details

  • Price: R1,200,000
  • Turnover: R2 200 000
  • Turnover range:
  • Profit range: +/- R100 000 - R500 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling:
  • Business history: Established 3 years
  • Expansion potential: There is plenty of room to expand by opening more franchises or selling franchises.
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: Both restaurants are positioned in high footfall areas.
  • Rent & lease terms: R 396 000 base rental per annum for both stores.
  • ASSETS AND STOCK:

  • Assets included in sale: +/- R500 000
  • Value of assets:
  • Stock included in sale: +/- R80 000
  • Value of stock:
  • GENERAL COMPANY INFO:

  • Employees: 8
  • Trading hours: Both restaurants operate from 10am - 5pm Tuesday - Sunday
  • Support & training: Will be provided.
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Mark de Klerk
    0826510338
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