Unique Milkshake and Ice Cream shop in the Cape Town area with possibility to franchise the concept.

Unique Milkshake and Ice Cream shop situated in a unique visible position in the Cape Town area with possibility to franchise the concept.

Introduction:

• The owner of this shop did proper research regarding the clients (local and tourists) needs in the ice cream and milkshake and eventually now presents 68 flavors of premium milkshakes.
• This business has been successfully trading for nearly 4 years, with +/- 4000 followers on Facebook and Instagram, with a Google review score of 4,7.
• There is huge potential to increase the turnover of this business, and attract new clients by placing pamphlets in guest houses, having specials for nursery schools and primary schools, children parties, etc.
• The shop is facing the main road in the seaside town and more advertising can be done on the beachfront to direct clients to this shop.
• Due to renovations/changes to the building, the shop’s turnover went down for a while, but now back on track, with an increase in the shops area with 50%.
• The biggest potential though lies in franchising the concept to other areas in SA- the owner is relocating to Europe or else he would have introduced the franchise in SA.
• The assets value is about R600,000.
• The staff complement is – 2 Full Time and 3 Part time employees.

Financials:

• Average Turnover R900,000 per annum.
• GP average R65%
• Average NP (EBITDA) R148,000 (due to renovations last financial year)

Selling Price:

• R1,8 million including stock.