Summary
BUSINESS FOR SALE – PROFITABLE FAST FOOD OUTLET!
A Fantastic Business Opportunity in a Prime Mall Location in Richards Bay!
Are you looking to invest in an established, profitable fast food business with excellent growth potential?
This is your opportunity to own a thriving fast food outlet strategically located inside a busy shopping mall, in a prime high-foot-traffic area!
The business benefits from excellent visibility and exposure to a constant flow of shoppers, mall visitors and passing customers, creating outstanding opportunities to attract walk-in trade and generate consistent sales.
Business Highlights:
Prime Mall Location: Situated inside a popular shopping mall in a high-foot-traffic area.
Established & Profitable: An operating business with an existing customer base and proven trading potential.
Excellent Exposure: Benefit from daily exposure to shoppers and visitors.
Growth Potential: Plenty of opportunity to increase sales and grow the business further.
Turnkey Opportunity: Ideal for an entrepreneur or investor looking to step into an established food business.
DON'T MISS THIS OPPORTUNITY!
Invest in a business that offers the advantage of a prime retail location, strong customer exposure and exciting income potential.
Serious buyers only. Financials will be provided upon signing a NDA
Contact us today for further details, financial information and to arrange a viewing.
A great location. An established business. An opportunity worth grabbing!
Give me more information
Fully describe the business's activities?
Fast Food
How long has the business been established?
7 years
Give a breakdown between sit-down, takeaways and deliveries
Takeaway and deliveries done by MR D
Is the business VAT Registered?
No
How many employees?
4
Give a breakdown of staff/ functions?
Store supervisor, assistant supervisor and 2 x kitchen staff
How involved is the Owner in running the business?
Owner run daily
When does the current lease end?
2 years
Is there an option of renewal & what period?
yes, for 3 years
What is the annual escalation %?
7%
What is the square meters of the business?
20
Is a copy of the lease available?
yes
Do you require a licence?
yes
What lease deposit and/or other surety is required?
lease deposit
Why is this a good business?
The business is being sold as a going concern and is sitauted inside the mall in a high foot traffic zone. Huge potential to increase sales and profit margins. This is a franchised store and there is a lot of support rendered to franchisees
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