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Thai Café Franchise Restaurant For Sale

R750,000

Business Description

The Thai Café brand has established itself as the brand of choice for Asian food. It is a cost effective and healthy option popular with young and old alike. The store is fully equipped to the franchisor specification and all assets are in good working order with no need for a revamp. This particular store has a prominent location with ample parking close by and good foot traffic. The owner will be required to enter into a franchise agreement with the franchisor. The price is favourable compared to the cost of establishing a new franchise with unproven potential. With a dedicated and present owner there is adequate scope for further growth. Franchise finance can be arrange with a minimum own contribution.

 

Business Details

  • Property ID: GRSPER007
  • Price: R750,000
  • Turnover: R2.5mil
  • Actual Profit/Year: R380k
  • Turnover range: R2mil - R3mil
  • Profit range: R350k - R550k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner is pursuing other interests
  • Business history: 3 1/2 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 90sqm / 45 seats
  • Rent & lease terms: 1 1/2 years plus 3 year renewal option
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R600 000
  • Stock included in sale: No
  • Value of stock: R30 000
  • GENERAL COMPANY INFO:

  • Employees: 3 full time
  • Trading hours: 11am - 10pm, 7 days a week
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Southern Subborbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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