Ref. No - BFS937503

LocationSouth Africa, Western Cape

Ref. No - BFS937503

Sector - Food

Asking Price
R660,000
Monthly Profit
R15,166
Asset Value
R 405,965
Stock Value
R 50,000
Yearly Net Profit
R 181,989

Summary

Takeaway Restaurant in Prime Location. Have the opportunity to own a successful takeaway restaurant perfectly positioned for growth and profitability! It is Situated on a bustling main road, this restaurant enjoys high visibility and constant foot traffic, ensuring maximum exposure to potential customers. Surrounded by Big Corporate Stores: Nestled among major corporate retailers, the location attracts a steady stream of customers from nearby businesses, boosting sales potential. Established for 2 Years: Under current ownership for two years, this business has proven its viability and is ready for a new owner to take it to the next level. Solid Client Base: Over the past few years, the restaurant has built a loyal and growing customer base, providing a strong foundation for consistent revenue. Perfect for an ambitious entrepreneur or investor looking to step into a well-established business with room to grow. Don’t miss out on this prime takeaway restaurant!

Give me more information

Fully describe the business's activities?

This is a Food take away, Coffee shop, Sit down and eat business. The staff open and close this business with the owner being there most days.

How does the business operate on a daily basis?

This business open 07:00 in the mornings and close 17:30 in the afternoons, Monday to Friday.
Saturday 09:00 to 13:00.
The Owner does not open or close this business himself, a reputable staff member has that responsibility.

What Advertising/Marketing is carried out?

Word of mouth, located in the Main Road next to a busy bank and other chain stores

What competition exists?

Other fast food outlets

How could the profitability of the business be improved?

The margins may require review as rather low.
The comprehensive range could be reduced to increase efficiency and reduce overheads

Give a breakdown of staff/ functions/ length of service?

4x Permanent staff in the kitchen
1x Permanent shop front
1x Coffee Barista

Do any have management potential?

Yes

How involved is the Owner in running the business?

The Owner orders the stock, oversees the quality and management of the business although not based at the business on a permanent basis.

When does the current lease end?

2027

What are the trading hours?

Monday to Friday 07:00 - 17:30
Saturday 09:00 - 13:00
Sunday closed

What are the main assets of the business?

Excellent quality of kitchen equipment.
Front shop counter, display units and tables and chairs as well as a top quality coffee making machine.

Strengths?

Location
Staff
Quality food

Weaknesses?

Low margin
Could extend working hours
Owner is not 100% involved in the business

Opportunities?

Owner run will make a big difference
Space for a bakery, a big unused area
Marketing with social media

Threats?

There are no known threats to this business.

What is the reason for the sale?

The Owner is a qualified Chartered accountant and do not have time for this business as well as his normal work requirement.
The business would benefit significantly by a hands on Owner who is experienced in the industry..

Why is this a good business?

The potential is there, if this business could be run by the owner and the margins can be adjusted.
An experienced and on site Owner would show a marked improvement to the business turnover, profitability and shrinkage reduction.
Location

Contact | Enquire

PG

PG Beukes

LocationSouth Africa, Western Cape

Preferred method of contact

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