Filters
LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R2,700,000
Monthly Profit
R 64,364
Asset Value
R 0
Stock Value
R 50,000
Yearly Net Profit
R 772,364

Summary

Well situated, well established 14 year old business. Great opportunity!

Give me more information

Fully describe the business's activities?

This very well established Wimpy in northern suburbs is ready for new owner. Seller will complete the required revamp at his cost!

How does the business operate on a daily basis?

Wimpy is a breakfast, burger, fast food lunch & evening business complemented by delivery & take outs

What Advertising/Marketing is carried out?

Franchisor only

What competition exists?

In the area are Steers, Chicken Licken, Kentucky & McDonalds

How involved is the Owner in running the business?

The owner has a GM so is not involved. A new owner will have to either be involved or appoint a manager.

When does the current lease end?

Lease expires in 2023

What are the trading hours?

7-7

What are the main assets of the business?

Operating assets.

Strengths?

Well known brand, established business, trained staff, location

Weaknesses?

No dinner trade

Opportunities?

Owner involvement to drive the business

Threats?

The economy

What is the reason for the sale?

Owner has other business interests

Location

Contact | Enquire

Chris

Chris Ferguson

LocationSouth Africa, Gauteng

Preferred method of contact

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