Ref. No - BFS936640
South Africa, GautengRef. No - BFS936640
Sector - New Franchise Opportunities
Asking Price
R1,990,000
Monthly Profit
R 86,639
Asset Value
R 3,704,152
Stock Value
R 120,000
Yearly Net Profit
R 1,039,673
Summary
Two known shop with an established client base for sale with a established Good client base & busy!
Give me more informationFully describe the business's activities?
The business trades in a well-known and established residential area in Pretoria and has an established client base.
Here you buy two stores , manage buy managers.
Here you buy two stores , manage buy managers.
How does the business operate on a daily basis?
Four Managers = one opens / one locks.
Stock and prep work is done on-site.
Stock and prep work is done on-site.
What Advertising/Marketing is carried out?
All marketing is carried out by Head Office.
Local store marketing is done on a very small scale by the owners and
management. Need to expand local marketing.
Local store marketing is done on a very small scale by the owners and
management. Need to expand local marketing.
What competition exists?
Normal fast-food competition of different brands.
How could the profitability of the business be improved?
- Local Marketing
- More delivery bikes
- More Owner involvement
- Converting to Gas ovens
- More delivery bikes
- More Owner involvement
- Converting to Gas ovens
Do any have management potential?
Yes current managers
How involved is the Owner in running the business?
Daily. But not always on site.
When does the current lease end?
October 2024. Lease can then be renegotiated.
What are the main assets of the business?
A list is available for a serious buyer
Strengths?
Well-known, established franchised brand.
The shop is based in a good residential area with a good client base.
Known for their good service and quality food.
Part of a good support system - the franchisor is one of the biggest role players in the sector.
The shop is based in a good residential area with a good client base.
Known for their good service and quality food.
Part of a good support system - the franchisor is one of the biggest role players in the sector.
Weaknesses?
Local store marketing plan needs to be updated.
Opportunities?
Increase number of delivery vehicles
Threats?
None we can perceive.
What is the reason for the sale?
The Seller has a new business adventure he needs to presume his attention, which includes a possible relocation.
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