Ref. No - BFS938277

LocationSouth Africa, Gauteng

Ref. No - BFS938277

Sector - Food

Asking Price
R1,600,000
Monthly Profit
R51,799
Asset Value
R 683,216
Stock Value
R 50,000
Yearly Net Profit
R 621,582

Summary

Well-established seafood restaurant offering quality dining, takeaway, and delivery services with a loyal customer following.

Give me more information

Fully describe the business's activities?

This Franchise is a well-established seafood restaurant operating in Johannesburg. The restaurant forms part of a nationally recognized franchise group, specializing in the preparation and sale of seafood meals in a casual family dining environment. Its menu includes fish, prawns, calamari, mussels, sushi, salads, platters, desserts, and beverages. Customers are served through sit-down dining, take-away orders, and delivery platforms. The business focuses on providing quality seafood at affordable prices, targeting families, professionals, and seafood enthusiasts. THIS BUSINESS IS HALAAL CERTIFIED.

How does the business operate on a daily basis?

This franchise operates through a combination of food preparation, customer service, takeaway and delivery fulfilment, stock control, and financial management, all guided by the franchise operating standards to ensure consistent quality and customer experience.

What Advertising/Marketing is carried out?

The business is promoted through national franchise marketing campaigns, social media platforms, the franchise rewards app, online delivery platforms, promotional specials, and customer loyalty initiatives. Word-of-mouth referrals and positive online reviews further support marketing efforts

What competition exists?

The restaurant competes with other seafood restaurants, sushi outlets, family dining establishments, and restaurant chains in Johannesburg. Competitors include Fishaways, Adega, local seafood restaurants, and numerous independent sushi and seafood operators

How could the profitability of the business be improved?

For a mature franchise restaurant, the biggest profitability gains often come from:
Higher beverage sales (typically the highest-margin category).
Improved labour scheduling.
Reduced seafood wastage and shrinkage.
Increased takeaway and delivery sales.
Better upselling by waiters.

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

5 Waitors
2 Grillers
1 Scullery
2 Filleters
2 Sushi and drinks
2 Managers

Do any have management potential?

2 Managers are in place

How involved is the Owner in running the business?

Not involved

When does the current lease end?

2030

What are the trading hours?

Monday - Sunday 11h00- 21h15

Strengths?

This business thrives on the strength of a well-known, trusted national brand and offers a diverse seafood menu that attracts a wide range of customers. Its solid franchise systems help keep operations smooth and quality consistent. Loyal customers and families keep coming back, ensuring strong repeat business.

Weaknesses?

The business is exposed to fluctuations in seafood prices and supply costs. It operates in a highly competitive restaurant market. Consumer spending pressures can affect discretionary dining expenditure.

Opportunities?

There are opportunities to grow online ordering and delivery sales. The business can increase customer loyalty through targeted promotions and rewards programs. Expanding corporate, group, and event bookings could provide additional revenue streams.

Threats?

Economic downturns may reduce dining-out spending. Increasing food, labour, and utility costs can impact profitability. Competition from other restaurant chains and delivery-focused operators remains a constant threat.

What is the reason for the sale?

The owner's other business interests are taking up most of his time.
Location

Contact | Enquire

Deon

Deon van Tonder

LocationSouth Africa, Gauteng

Preferred method of contact

Logo
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

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

What to Do After Buying a Business in South Africa: Your First 90 Days

Buying a business is only the beginning of your entrepreneurial journey. The first 90 days are cruci

Business Trends in South Africa for 2026: Opportunities for Entrepreneurs and Investors

Discover the key business trends shaping South Africa in 2026 and uncover opportunities for entrepre

Franchisor and Franchisee Relationship: A Breakdown

The relationship between a franchisor and a franchisee is probably one of the most important aspects

Sellers

Business Trends in South Africa for 2026: Opportunities for Entrepreneurs and Investors

Discover the key business trends shaping South Africa in 2026 and uncover opportunities for entrepre

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