R 6,850,000.00
By combining the service and product attributes of a coffee bar, cocktail bar, and restaurant and entertainment venue in one, News Cafe is a trendsetting and benchmarking brand within the industry. The stores trade between 16 and 18 hours a day and appeal to a variety of customers who frequent the stores for various dining and social occasions throughout the day.
Operating a News Cafe may seem glamorous but it involves hard work and long hours. Preference will be given to applicants with restaurant or culinary experience as well as strong management and business experience. News Cafe franchisees are passionate, driven and committed. All News Cafe franchises must be owner-operated as only hands-on franchise owners will be entrusted with the representation of the brand.
- Set-up Costs: R6,850,000 Excluding VAT. Developed on a Turn-key basis.
- Un-encumbered Cash: 50% of Set-Up Costs
- Stock: R575,000 Excluding VAT. (Included in set-up costs).
- Monthly Franchising Fee: 6% of Net Turnover.
- Monthly Marketing Fee: 3% of Net Turnover.
- Site Requirements: ±380m² - 450m² Interior with ±100m² outside deck. Strategically located in major town or residential shopping strip.
- Initial Joining Fee: R300,000 Excluding VAT. (Included in set-up costs).