Business for Sale

Vovotelo coffee shop+Bakery Three stores for Sale for Sale

business for sale

Business Details

REF AB114
Asked Price R 4,500,000
Location Johannesburg | Gauteng | North West Jhb
Business Type Coffee Shops
Reason for SellingPartners splitting
Year Established2010
Number of Employees 64
Monthly TurnoverR 1,350,000
Monthly Net Profit R 120,000
Monthly Payroll Expense R 670,000
Movable Assets Value R 2,200,000
Stock Value R 150,000
Owner Oporated Business No
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 350 M2
Lease Term 5 Years
Monthly Rental R 240,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation