An exciting opportunity to acquire a well-established and excellent, well named food franchises in a very busy mall in Overberg, Western Cape. The brand is renowned not only for its Famous Wimpy Coffee, all-day breakfasts and Wimpy burgers but also for treating South Africans to a wide selection of grills, salads, shakes and desserts. The potential to grow further is clear from the ongoing affluent developments, and location within the surrounding areas as well as building on the delivery offering to customers.
- Asking Price:
- R3,400,000 Furniture / Fixtures included
- Sales Revenue:
- R5,700,000
- Cash Flow:
- R1,200,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Current lease till Jan 2027 and is renewable
- Location:
-
Situated in very busy shopping mall in a popular town in the Western Cape
- Premises Details:
-
The premises for the restaurants are very well equipped and attractively decorated according to the highest standards.
- Size in square feet:
- 230sqm
Business Operation
- Expansion Potential:
-
With even more personal attention and marketing drives the business can grow exponentially
- Competition / Market:
-
These restaurants set the standards and other follow
- Reasons for selling:
-
Retirement and health reasons
- Trading hours:
-
Mon-Fri: 08:00 to 17:00
Sat: 08:00 to 15:00
Sun & Public Holidays: 08:00 to 15:00
- Employees:
- 14
- Years established:
- 10years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
New Franchisee(s) must be approved by Wimpy. A Franchise Joining Fee of +/- R100,000 per shop will be payable to Wimpy
Other Information
- Support & training:
-
Full training from the seller and continuous support from the Franchisor
- Furniture / Fixtures value:
- R930,000 - included in the asking price
- Inventory / Stock value:
- R50,000
