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LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R2,750,000
Monthly Profit
R 81,490
Asset Value
R 250,000
Stock Value
R 60,000
Yearly Net Profit
R 977,883

Summary

3 Sushi shops in upmarket areas, profitable and ideal for franchising

Give me more information

Fully describe the business's activities?

The business operates 3 sushi outlets supplying Sushi, Chinese meals, American confectionery and platters in well located shops in small shopping centres

How does the business operate on a daily basis?

The owner orders stock and cashes up, spends a few hours a day between the shops. The staff open and close.

What Advertising/Marketing is carried out?

Some social media

What competition exists?

None in the areas they serve

How could the profitability of the business be improved?

More advertising and specials

Give a breakdown of staff/ functions/ length of service?

4 located in each of the two major suburban stores, 2 each in the two smaller stores, 1 driver.

Do any have management potential?

The staff manage the shops with owner overview

How involved is the Owner in running the business?

Spends a few hours per day on the businesses, when he is away the outlets function normally

When does the current lease end?

Various- all to mid to late 2023 except for one store currently under negotiation

What are the trading hours?

10h30 to 19.30 or 11h00 to 19h30, depending on store location

What are the main assets of the business?

Kitchen and display equipment

Strengths?

Well known in the areas they serve, supplying good quality food
Excellent location
Well placed to grow as eating habits change due to Covid

Weaknesses?

None known

Opportunities?

Ideally poised for growth with 3 successful outlets,
option to open additional outlets or open it up for franchising,
Run promotions such as "buy 2 get 1 free" which has been very well received

Threats?

None known

What is the reason for the sale?

Owner has other business interests

Location

Contact | Enquire

Malcolm

Malcolm Keevy

LocationSouth Africa, Gauteng

Preferred method of contact

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