Profitable Licensed Franchise Coffee Shop For Sale

Description

Business type: franchised coffee shop

Location: Edenvale

Current status: established operating business

Location

Retail setting: busy strip mall

Anchor tenant: in place

Foot traffic: described as high

Rental level: described as low

Trading hours

Monday to Friday: 08:00 to 18:00

Saturday: 08:00 to 20:00

Sunday: 08:00 to 17:00

Franchise and licences

Franchise established: 2012

Liquor licence: included

Financial information

Asking price: R800,000

Asset value: R1.1 million

Monthly rental: R15,000

Monthly utilities: R20,400

Monthly salaries: R17,200

Annual turnover: R1,730,000

Annual profit: R336,000

Customers and operations

Customer base: established

Repeat customers: existing

Operating model: turnkey

Reason for sale

Owner pursuing new ventures

Buyer requirements

NDA: required

Proof of funds: required

Further information: available after buyer qualification