Buy a Wimpy in South Africa or NamibiaToday is your day to buy your own Wimpy restaurant. I can now help you to buy a Wimpy restaurant anywhere in South Africa: In Pretoria, Gauteng, KwaZulu Natal, the South Coast, Cape Town, Mpumalanga, Namibia and in Johannesburg. We now have an excellent Wimpy for sale in one of the Northern Suburbs of Johannesburg, South Africa for as little as R1.25 Million. A full restaurant with equipment, trained staff and existing customers for only One Million Two Hundred and Fifty Thousand Rand. You will if you keep running it as it is at the moment earn R33,000 per month after all cost are paid. The turnover for the 12 months ending February 2008 was R2.4 Million and the NET profit was R287,000. This is much better than starting your own restaurant! Buy this one, get into the Brand and then buy another and another. To open a New Wimpy restaurant today would cost you around R1.2 Million, and then you still have NO customers or track records. Wimpy is one of South Africa's most sought after franchises. The standard maintained by the Famous Brand group is very high and they maintain a no-nonsense attitude. They place values on Wimpy stores. This is commonly referred to as the DCF which is in this case R1.25 Million. This means you can buy this restaurant for R250 000 under their DCF. This is awesome. Wimpy approval: Famous Brands will need to approve you as a Franchisee. To approve you, they will require a meeting with you to get to know you. For them it is very important to have a owner that will be in the shop (owner operator), or have a close family member (husband or wife) who will be there to actively manage the business. They will not approve passive owners! They will also need you to prove that you can afford the business. Since this shop is so inexpensive you will need the price in cash (this is our requirement). You will also need to pay them a Franchise joining fee of R114,300 excl. VAT. which is normally used for training, your registration, contracts etc. Training normally takes just over 3 weeks which is broken up into a two weeks practical (hands on) training course and one week theoretical (classroom) training course. Franchise application: To apply for a Wimpy Franchise please download the online application form from the Wimpy website. Please visit the site for more Wimpy related questions. Stock: Between R35,000-00 and R55,000-00 stock would be required. Ok, so you are interested! What now?
Note: Take note that you will need to be actively be involved in the daily running of the business to be approved by the Franchisor (Famous Brands). We presently have 13 Wimpy restaurants for sale in South Africa (this information changes all the time) 4 In and around Pretoria We look forward to assisting you to find a perfect business! Pretoria Business Brokers (www.PretoriaBrokers.co.za) LouisK 079 872 3339
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