Franchised Coffee Shop, Steeldale area, For Sale

Description

Business type: franchised coffee shop

Location: Steeldale area

Current status: fully operational going concern

Store position: shopping centre near a major national supermarket

Franchise

Franchisor involvement in transfer: required

Franchisee training: provided

Ongoing franchisor support: provided

Store upgrade: recently completed

Upgrade standard: franchisor specifications

Transaction details

Purchase price: expected below R500,000

Stock: excluded from the purchase price

Stock value: approximately R30,000

Franchise joining fee: R100,000

VAT on joining fee: additional

Current seller: existing franchisee

Operations

Owner involvement: hands-on

Manager: in place

Staff team: in place

Premises

Landlord and franchisor: same entity

Rental and franchise arrangements: managed by the same entity

Expansion factors

Shopping centre expansion: in progress

Development phase: second phase

Centre size after expansion: expected to nearly double

Buyer profile

Owner-operator: preferred

Daily operational involvement: expected