Asking Price
R1,350,000
Monthly Profit
R 48,052
Asset Value
R 500,000
Stock Value
R 50,000
Yearly Net Profit
R 576,620
Summary
Wel known Pizza Franchise in East Rand
Give me more informationFully describe the business's activities?
Franchised Wood fired pizza oven Outlet
How does the business operate on a daily basis?
Completely Manager Run
What Advertising/Marketing is carried out?
Head Office is responsible for Marketing - SMS, Facebook, Promotions etc
What competition exists?
Other wood fired pizza stores.
How could the profitability of the business be improved?
More hands on owner with a reduction in Management staff. Increase of marketing for surrounding factories.
Do any have management potential?
yes
How involved is the Owner in running the business?
Random spot checks weekly. All systems and procedures are monitored are all in place and regulary maintained.
When does the current lease end?
2027
What are the trading hours?
Monday - Thursday and Sunday ( 09.30 - 20.00 )
Friday - ( 09.30 - 21.00 )
Sat - ( 09.30 - 20.30 )
Friday - ( 09.30 - 21.00 )
Sat - ( 09.30 - 20.30 )
What are the main assets of the business?
All Fixtures and Fittings Including Generator and Electronic Equipment including Motorbike
Strengths?
Well recognised Franchise with Strong Customer Base
Weaknesses?
Competitive market with 2 Pizzerias in a 5km Radius
Opportunities?
Increase Marketing and reduction of operating costs will improve the business dramatically.
Threats?
Competitive market with 2 Pizzerias in a 5km Radius
What is the reason for the sale?
Semigration down to the cape. New business opportunities there.
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