Ref. No - BFS00174
South Africa, Western CapeRef. No - BFS00174
Sector - Food
Summary
The existing owner of the business saw the need to open a fish and chips shop in this seaside resort in the Overberg area
He has built this business up over a couple of years and thus has a dedicated client following- due to the Cape winters (cold and rain), it is important to have local clients to support you in the winter
This seaside town receives a huge influx of people (both owners of holiday homes, weekend visitors and tourists) during school holidays where the turnover increases accordingly
The owner is involved with other businesses (including supplying of mortar to building sites), and cannot give full attention to all his businesses
The owner has 1 employee working in this business which is fully trained in preparing orders
Potential in expansion lies in deliveries/selling frozen fish products/ice cream machine etc
The assets that are in the shop are all in good working order so a new owner can just walk in and continue with the business
The rental is only R7,000 pm and the staff costs R5,000
Give me more informationHow long has the business been established?
2 years
Is the business VAT Registered?
No
Average annual turnover R1 million
Average COS 55%
Average GP 45%
Average NP (EBITDA) R360,000 per annum
Selling price
R400,000 incl stock
How many employees?
1
How involved is the Owner in running the business?
On a daily basis
Is there an option of renewal & what period?
Yes
What are the main assets of the business?
An asset list can be supplied
What is the reason for the sale?
The owner has other business interests
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
More businesses you may like
More similar, inspiring businesses for sale
Cosy community cafe tucked into an established position in Sea Point.
3,800,000
YNP - R 2,031,438
FOR SALE: Successful Biltong & Deli Shop in George, Western Cape
1,450,000
YNP - R 400,000
Own One of the Area’s Favourite Dining Destinations
2,950,000
YNP - R 1,094,425
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
Franchisor and Franchisee Relationship: A Breakdown
The relationship between a franchisor and a franchisee is probably one of the most important aspects
E-commerce Business for Sale: The Benefits
Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo
Buying a Manufacturing Business for Sale
There are several good reasons why a manufacturer or an entrepreneur might be considering buying ano
Sellers
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.