021 552 1018

[email protected]

Price Range: From To

Business Description

Sorbet Man in a popular Cape Town shopping centre.

Comprehensive training, support, marketing, and operational systems from the franchisor makes this a proven and attractive business model which affords the owner an enviable lifestyle.

The price will be negotiable based on the post-Covid recovery trajectory at the time of purchase.

Business Details

  • Price: R1,700,000
  • Turnover: R3 900 000
  • Actual Profit/Year: R650 000
  • Turnover range: R3 900 000
  • Profit range: R650 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Seller is completing a part-time law degree
  • Business history: In operation for 6 years
  • Expansion potential: Comprehensive database of loyal customers
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: 142 Sqm store. 6 barber chairs, 2 nail stations, 2 pedi chairs, 2 treatment rooms
  • Rent & lease terms: R43 000 including all ops costs. Recently renewed at more favourable rent. 4 years remaining.
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: Fitted and equipped to franchisor specification. Replacement cost R1.7m
  • Stock included in sale: No
  • Value of stock: R350 000
  • GENERAL COMPANY INFO:

  • Employees: 12 fully trained staff.
  • Trading hours: Monday - Friday: 9pm—6pm; Saturday 9am—4pm, Sunday: 9am - 2pm
  • Support & training: 1- Month full-time training, Ongoing training, support, marketing, and operational systems
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town CBD
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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