property for Sale

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Price: R 3 100 000
Ref No: LFPE-8050


Listing Agent

Rensche Fraser
Quick Links
Listing Office

Agency Group
Leapfrog Property Group
Listing Features
Listing Description
  • Bedrooms:
  • Bathrooms:
  • Building Size: 330
  • Erf Size 0
  • Garages:
  • Carports/Parking Bays:
  • Pool:
  • Exterior Wall:
  • Domestic Accommodation:
  • Flatlet:

  Mugg & Bean - Franchise For Sale

Calling on all Entrepreneurs and Investors for this lucrative franchise opportunity situated in the heart of the Kalahari in the small mining town of Kathu in the Northern Cape Province.

The small town of Kathu is not only the home of one of the world’s biggest Iron Ore mines, Kumba Iron Ore but has several Iron Ore and Manganese mining operations in its vicinity. Due to the vibrant mining activity around this town, Kathu has a very healthy economy and creates very attractive business and investment opportunities for Investors and Entrepreneurs.

The Mugg and Bean Franchise is a very well-known and established franchise in the food and beverage industry in South Africa with a well-established footprint throughout South Africa dating back all the way to 1996 when they were first established. Mugg and Bean prides itself in its generous portions and are one of the first restaurants that started serving their very well renowned bottomless coffee.

Mugg & Bean Kathu Franchise is a fully operational and exceptionally profitable business opportunity with great potential to expand and generate a favourable ROI. Situated on an ideal location with outside seating which is perfect for functions. This business has an existing clientele and has built up excellent relationships with most of the major role players i.e. mines, schools, churches etc.

The franchise is sold with all fixtures, fittings, equipment and furniture as well as well-trained Management and staff, ready to assist its new owner to ensure business is running as usual from day 1 of new ownership.
The sale will include but not be limited to the following:
- Valid Lease Agreement
- Franchise rights
- Valid Alcohol license
- All major equipment will be serviced prior to the sale

Financial statements will be available on request of the prospective serious investor.

Do not miss out on this once a-in a lifetime opportunity and being part of a well-known brand in South Africa, right in the heart of our mining town in Kalahari. Contact us now to arrange an appointment to discuss the probabilities and schedule a viewing.

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Last modified: Sun, 31 May 2020 01:00:00