Property Description
About this Business: This is a great opportunity for someone that aspired to be a franchisor and take this brand to National level. To own a franchise is affordable and success achievable for each franchisee with the guidance of YOU the franchisor. All manuals, floor layout plans, special batter recipe and spices will be supplied by you the franchisor thus keeping the brand up to standard.
Included in the selling price is a flagship shop, staffed and operated as a going concern.
History: The brand started over 15 years ago in Kwa-Zulu Natal and found its way to the Garden Route about 7 years ago.
Staff: In the operational store (owned by the franchisor) you will find 4 loyal staff members trained and skilled for their daily function.
Currently the owners act as Franchisors and tasks themselves with franchise sales, shop layouts to new franchisees and regular supply to stores.
Scalability: This business is extremely scalable as for the scope to branch out Nationally.
Figures: Annual revenue around R3,6 million currently . Combined between the operational shop and franchisor income.
Assets: The asset inventory is valued at R457,470. (41% asset value!)
Reason for Selling: Retirement
Selling Price: R1,115m