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Cape Town Commercial
for sale / to buy
Franchise video store for sale
Cape Town, Western Cape, South Africa
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| Price:
R220,000
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The current owners bought this video shop a few years ago when they could get it at a good price. They have other business interests though and would like to sell it now.
The average monthly turnover for the past year has been around R27,000 but the shop could realistically do a turnover of R60,000 pm. At the current level the business is breaking even.
Joining fee max R25,000. Franchise monthly royalties 8% = R1,000 - R1,200
The owner is confident that a lease could be renegotiated with the landlord. Monthly rental is R13,000.
The business is run by a manager who, like the owners, has many other business obligations
The video shop is close to 3 schools, in a busy commercial and residential area. The franchisor is supportive. Previous experience has shown that marketing / promotion has a beneficial effect.
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Property Facilities |
Cape Town property |
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| ◊ Bedrooms: 0◊ Bathrooms: 0 |
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Contact Details |
Cape Town property |
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Benhard Wiese
Tel: 084 611 2293
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to e-mail this agent |
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