A relatively new store, Located in a long established shopping mall. This was a second store opened by the present owner who has recently given birth to her first child and finds it too time-consuming to operate two stores and have enough family time. The store is still in the building phase and with the right amount of attention, it still offers growth potential. Presently it has a loyalty database of more than 4000 customers.
Comprehensive support, training, marketing and operational system from the franchisor makes this a proven and attractive business model which affords the owner an enviable lifestyle. Especially with its proximity to the coastline.
Prospective purchasers should have at least 50% of the purchase price as unencumbered cash.
Business Details
Property ID: PER160
Price: R1,600,000
Turnover: R3.75mil
Actual Profit/Year: R550k
Turnover range: R3mil-R4mil
Profit range: R550k-R1mil
BUSINESS HISTORY & FUTURE GROWTH:
Reason for selling: Owner has recently had her first baby and needs more family time