Franchised Coffee Shop, Steeldale area, For Sale

Description

An excellent opportunity is available to acquire a well-established franchised coffee shop at an attractive purchase price. The business is a fully operational going concern, ideally positioned near a major national supermarket within a shopping centre located in the Steeldale area.The store was recently upgraded according to the franchisor’s specifications. The franchisor is seeking a committed owner/operator and will be involved in overseeing the transfer process. The business will ultimately be acquired from the current franchisee, who is a motivated seller.The purchase price is highly competitive and expected to be below R500,000, excluding stock valued at approximately R30,000. A once-off joining fee of R100,000 plus VAT will be payable to the franchisor in addition to the purchase price. The new owner will receive full training and ongoing support from the franchisor.With the right hands-on management approach, this business offers significant growth potential. The ideal buyer should be actively involved in the daily operations, supported by a manager and staff team. The shopping centre is currently undergoing a second phase development that will nearly double the size of the centre, creating further opportunities for future growth.This franchise represents an attractive investment opportunity due to the reasonable acquisition cost and the unique advantage that the landlord and franchisor are the same entity. This structure provides additional support to the new owner, as both rental arrangements and franchise requirements are managed under one umbrella.A strong business opportunity with excellent growth prospects and franchise support.