We have an exclusive mandate to offer this Fantastic opportunity to invest in an already established store which is part of a fast growing and unique Bagel Franchise!
Jacks Bagels is the first bagel shop franchise in South Africa. Serving a delicious choice New York style Bagels – both savoury and sweet, Fresh Juices and Mikshakes.
The 1st shop was opened in Walmer Port Elizabeth in 2018. the 2nd in 2019.
Seeing the popularity and success of his stores, the owner decided to Franchise the successful concept. In the last 3 years (over the pandemic and depressed economic ), Jack’s Bagels have had huge success growing to 17 stores across the Eastern Cape, Cape Town and Johannesburg.
The Franchise store for sale is located in a very busy food and entertainment strip in Greenside, and has only been trading for 7 months.
The Franchisee is based in P.E. and bought it for his daughter in JHB. Unfortunately her husband is being transferred to the UK with his company, and they will be emigrating in June.
Turnovers have been steadily increasing as the local clientele are discovering this unique and delicious offering. Contracts are in place for deliveries with Uber Eats, Mr. D and Bolt.
The cost of setting up this Franchise store was close on R1,2 million.
The Franchisee is prepared to accept offers from R600k due to the urgency of the sale.
For more info contact Greig on 063 364 1780 or email email@example.com