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LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R1,058,000
Monthly Profit
R 63,891
Asset Value
R 870,000
Stock Value
R 58,000
Yearly Net Profit
R 766,697

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 information

Fully 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

Location

Contact | Enquire

Frank

Frank Schrempel

LocationSouth Africa, Gauteng

Preferred method of contact

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