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LocationSouth Africa, Limpopo

Sector - Food

Asking Price
R1,485,000
Monthly Profit
R 35,584
Asset Value
R 431,652
Stock Value
R 260,000
Yearly Net Profit
R 427,010

Summary

Pizza franchise renowned in Limpopo

Give me more information

Fully describe the business's activities?

This is a well known franchise selling pizzas.
It is strongly advertised nationally by the franchisor.
This is a take away franchise
It is situated in a very good area with a lot of clients

How does the business operate on a daily basis?

This is a take away franchise
It is situated in a very good area with a lot of clients

What competition exists?

No local competition

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

Personnel worked longer than 5 years:
2 managers
2 cashiers
4 kitchen members
Personnel worked less than 5 years:
6 personnel

Do any have management potential?

2 managers already appointed

How involved is the Owner in running the business?

The owner is 100% involved in the business

When does the current lease end?

4 years left on the lease agreement
The current lease 2023

What are the trading hours?

Mondays - Thursdays: 09:30 - 20:30
Fridays - Saturdays: 09:15 - 20:45
Sundays: 10:00 - 20:00

What are the main assets of the business?

The appliances and IT appliances

Strengths?

No competition at all in town
Very little seasonal trends
Personnel loyal and consistent

Weaknesses?

Owner/manager must stay hands-on

Opportunities?

New anchor tenant, Pick a Pay in centre
More social media marketing can be done

Threats?

No threats were identified

What is the reason for the sale?

The owner has many business interests
Focus elsewhere

Location

Contact | Enquire

Jacqui

Jacqui Erasmus

LocationSouth Africa, Gauteng

Preferred method of contact

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