Ref. No - BFS00185
South Africa, Western CapeRef. No - BFS00185
Sector - Food
Summary
There are 2 franchises available in a new shopping centre situated in a town in the ever growing Bolands/Winelands area
The 2 franchises offered both have franchisors backing the businesses with experience reaching back for over 11 years, with over 25 branches in each of the franchise groups
The one franchise is in the upper class restaurant sphere with exquisite dishes for the food/wine connoisseur, whilst the other restaurant fits into the kitchen/bar sector
Both these restaurants focus fall into the age group 25-60 years with a LSM of 8-10
The franchisors are looking for franchisees with full restaurant experience who understand all the functions of a business namely planning, organization, coordination, leading and control and can successfully implement these functions in the business
Royalties for each of these franchises will be a 6% royalty fee and a 2% marketing fee, with joining fees of R400,000
The specific establishment fee/construction fee to open up the two restaurants will be discussed with the franchisee
A ROI of these two restaurants can differ between 15-35%, depending on final costs, projected/real turnovers and expenses (including rentals etc)
Give me more informationHow long has the business been established?
2025
Is the business VAT Registered?
Finances/Establishment costs
Final financial figures will be determined in conjunction with a franchisee
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