News Cafe
Franchise Information / 133 views
R 5,000,000.00
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 : R5,000,000 Excluding VAT. Developed on a Turn-key basis.
- Un-encumbered Cash : R2,500,000 Excluding VAT.
- Stock : R300,000 Excluding VAT. (Included in set-up costs).
- Initial Joining Fee : R300,000 Excluding VAT. (Included in set-up costs).
- Monthly Franchising Fee : 6% of Net Turnover.
- Monthly Marketing Fee : 3% of Net Turnover.
- Site Requirements : ±350m² - 450m² Interior with ±120m² outside deck. Strategically located in major town or residential shopping strip.