Ref. No - BFS937216

LocationSouth Africa, Gauteng

Ref. No - BFS937216

Sector - Food

Asking Price
R2,490,000
Monthly Profit
R103,440
Asset Value
R 2,500,000
Stock Value
R 90,000
Yearly Net Profit
R 1,137,839

Summary

Opportunity to own a well-established Wimpy franchise in Johannesburg. Located in a large popular strip mall with loyal client base.

Give me more information

Fully describe the business's activities?

This very well-known franchise primarily operating as a fast-casual dining restaurant. The franchise supports takeaways as well. The franchise is well established in Souith Africa is a popular choice in the South African casual dining market.

What Advertising/Marketing is carried out?

The franchisor employs a dynamic mix of advertising and marketing strategies countrywide. Traditional methods like radio ads, billboards, and print media complement their strategy, alongside partnerships with delivery platforms like Uber Eats to boost online orders. This integrated approach effectively attracts customers, drives engagement, and enhances brand visibility.

Do any have management potential?

The business is manager run.

How involved is the Owner in running the business?

The owner has a number of other businesses and only able to provide oversight.

What are the main assets of the business?

Equipment, shop fitting, stock. A comprehensive list will be provided to serious buyers.

Strengths?

Global presence and international chain: Wimpy has a strong global presence, making it a well-recognized brand.
Good quality burgers: Known for its tasty and high-quality burgers.
Special kids menu: Offers a menu specifically designed for children.
Recent brand revamping: The brand has undergone recent updates to stay relevant.
Innovative marketing campaigns: Notable campaigns like the ‘Braille Burger’ have been successful.
Engagement activities for kids: Numerous activities and competitions for children

Weaknesses?

Lack of advertising: Compared to competitors, Wimpy's advertising efforts are limited.
Lack of owner involvement.

Opportunities?

Advertising on different platforms: There is potential to increase advertising efforts across various platforms.
More owner involvement will bear fruits.

Threats?

Increase in raw material costs: Rising costs can impact profitability

What is the reason for the sale?

The owners want to focus on other business interests.
Location

Contact | Enquire

Peter

Peter Kind

LocationSouth Africa, Gauteng

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

What Are The Advantages Of Buying An Existing Business

What Are The Advantages Of Buying An Existing Business

10 Questions To Ask When Buying A Business

10 Questions To Ask When Buying A Business

The Transformative Power of Business Coaching: Unleashing Success and Growth

In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne

Sellers

Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale

We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

6 Steps To Selling A Small Business In South Africa.

6 Steps To Selling A Small Business In South Africa.