South Africa, GautengSector - Food
Summary
Popular in demand Asian Thai food Franchise that is very easy to run with great franchisor support in a great location
Give me more informationFully describe the business's activities?
Franchise Asian fast-food restaurants and take away. The businesses focus is on the Deliveries and Take Away market with small sit-down trade. This also reflects in the numbers which show that the business is already on 85% plus of its turnover attributable to the Deliveries and Take Away markets. The Delivery and Take Away market is also where the focus of the business should be and the business lends itself perfectly to this market space.
How does the business operate on a daily basis?
Business is run by managers with consistent, predictable trade from loyal regulars, walk-in customers, take aways and deliveries
What Advertising/Marketing is carried out?
Waze, Uber, App, Web Site
What competition exists?
The normal fast food competition with minimal competition in the direct area
How could the profitability of the business be improved?
A more involved owner can reduce the required managers, also additional marketing
Do any have management potential?
Yes, in place
How involved is the Owner in running the business?
Current owner is only involved one day a week
When does the current lease end?
In 2022
What are the trading hours?
Daily from 10:00 to 21:30, seven days a week
What are the main assets of the business?
As per the asset list
Strengths?
Strong Brand
Loyal customer base
Strong brand with unique offering / limited competition
Weaknesses?
Owner only involved one day a week
Economy
Opportunities?
Local School approached owner to cater for events
Threats?
Covid-19 is having an impact on all businesses tied in with the general economics
What is the reason for the sale?
Seller is pursuing new opportinities
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