Filters
LocationSouth Africa, Free State

Sector - Food

Asking Price
R3,015,000
Monthly Profit
R 99,258
Asset Value
R 3,373,206
Stock Value
R 80,000
Yearly Net Profit
R 1,191,095

Summary

Give me more information

Fully describe the business's activities?

This franchise brand is a house hold name, well-established, very well-known brand.
This franchise has an established client base.
The Franchisor support is very good.
A listed company and has the experience reaching years back.

How does the business operate on a daily basis?

Manager run on a daily basis.

What Advertising/Marketing is carried out?

Franchise marketing is great
Good client base
Word of mouth

What competition exists?

There are numerous of these franchise in town

How could the profitability of the business be improved?

More local store marketing can be done.

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

3 x Managers
23 x waiters, cashiers, cleaners

Do any have management potential?

Yes, currently 3 managers

How involved is the Owner in running the business?

The owner is +- 20% involved in the business

When does the current lease end?

This lease agreement ends in 2024

What are the trading hours?

Mondays - Saturdays 07:00 - 22:00
Sundays 07:00 - 19:00

What are the main assets of the business?

The equipment is the main assets op the business

Strengths?

This franchise offers the owner a very good established growing client base, in a well known location.
This franchise brand has a well-known support base from there head office.
Creative marketing strategies
The franchise has been operational for 12 years in the same premises

Weaknesses?

Not much, the new owner can put his own stamp on the business, going forward, as the current owner had the business for only 9 months
The owner can be more involved in the business

Opportunities?

Marketing opportunities
The new owner can put more time and effort in the making the clientele grow

Threats?

Weak economy
Other competitors

What is the reason for the sale?

The owner is relocating

Location

Contact | Enquire

Pierre

Pierre De Klerk

LocationSouth Africa, Free State

Preferred method of contact

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