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LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R875,000
Monthly Profit
R 15,981
Asset Value
R 702,386
Stock Value
R 25,000
Yearly Net Profit
R 95,886

Summary

PRICE REDUCED FROM R935 000 TO R850 000-Fish and Chips franchise for sale in a very busy shopping center on the East Rand. Make an offer-the price is negotiable!

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Background and History

Following intensive research, this Franchise was chosen, as being one of the top 10 performing Franchise Brands in South Africa. A brand-new franchise was built and fitted in Feb 2020. Despite the hard Covid Lockdown in March 2020, their turnover has increased steadily, and their profits continue to grow.

Employees

5

Location, Building and Lease agreement

The business is extremely well placed, opposite the main entrance of a busy and very well-known and large shopping mall; that is located next to a major Taxi Depot. The business is situated next to Game, a major anchor store, as well as next to Capitec Bank and various brand clothing stores. Other well-known anchor stores include a large Checkers, Edgars, PEP, Woolworths and Wimpy. It is the only take-away store that sells Fish and Chips in the center.

Reason for Sale

The seller’s partner has secured a job in Dubai, and this is an urgent immigration sale.

Conclusion

An opportunity exists for deliveries in and around the area. This would include making use of delivery scooters, deliveries on foot, and the use of well-know delivery companies. Further opportunities exist for acquiring the Halaal/ PAREV certification. Though all stock is Halaal/ PAREV, the certification has not yet been secured. There is a large Muslim population within the area.

Location

Contact | Enquire

Carol

Carol Berman

LocationSouth Africa, Gauteng

Preferred method of contact

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