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Unbelievable Restaurant Franchise
Location: South Africa -> Parklands
Industry: Food and Beverage > Other Food and Beverage




Business Summary

TAKE ADVANTAGE OF THIS ONCE IN A LIFETIME OPPORTUNITY

1. We would like to offer the existing, fully licensed bistro & bar franchise to you that has been in operation since 2012, fully equipped, full staff compliment already trained with a large number of loyal supporters and goodwill.

2. The value of assets together with costs to license, meet compliance requirements, permits, renovations and so forth is R546, 000.00.

3. Upon acceptance of our offer and our appointing you as our franchisee a final upgrade will take place by replacing the existing furniture and equipment more suited to a bistro.

4. This basically means that we are offering you a walk-in-and-trade opportunity that eliminates the approximately 5 to 9 weeks we allocate to setting up our new franchises.

Furthermore we have the following plan with regard the financing:

1. You place a R100, 000.00 deposit on the existing business

2. We will give you 12 months to source the balance remaining

3. From receipt of deposit the franchise will be yours and from day one the daily takings will be paid into a bank account as nominated by you - you need not even be operating it yourself as such, we will continue on your behalf until you have settled down and completed the training together with the staff members already in place or leave the operation of the franchise to the management team and reap the rewards henceforth.

4. This means that you will start earning a return on your investment from day one - at the present moment the pub turns over between R130, 000 and R150, 000 per month with an average net return of around R18, 000 - R28, 000.00. The royalty fee is 8% of turnover.

5. There is no bistro in the entire Blouberg area that offers traditional home cooked meals thus you have no competition. This means that your turnover will increase quite substantially.

This offer departs from the original franchise setting up procedures by eliminating a number of factors such as ...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,200,000
Cash Flow:   $386,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $546,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Franchise

Photos

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Unbelievable Restaurant Franchise Photo 1 Unbelievable Restaurant Franchise Photo 2 Unbelievable Restaurant Franchise Photo 3




Print Listing Id: 700227838


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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