Verified Listing
Posted on April 26, 2019 / 1789
Price : R990,000
Listing Type : Sandwich & Catering
Location : East Rand
Ref. No : 2547
Year Established : 1990's
Trading Hours : Retail Hours
Turnover : R 148 260 pm
Cost of Sales : R 60 666 pm
Expenses : R 52 919 pm
Net Profit : R 34 675 pm
Stock Value : R 25 000

This is your opportunity to own a fast-food business with no royalties payable – put your own signature on this privately owned brand. This business has been operational for more than 28 years and is based on the East Rand. It enjoys the support of local residents and nearby industrial, corporate and office parks alike. The business benefits from return customers. This operation is situated in a prime position with easy access and ample parking.

Quite simply, they serve the freshest food. The freshly prepared favourites off their menu are what makes this a destination take away business. There are lots of opportunities to improve and grow this business. This is a business offering a sustainable income which is not seasonal or tourism linked. It is a simple, no-nonsense business with reliable suppliers and good systems in place.

The business comes with reliable, well-trained and small staff compliment. 1 x Driver and 3 x Kitchen assistants who also run the FOH when needed. The operation is owner run and managed. Can easily be left with staff daily.

If you have a passion for the food and hospitality industry, then this a very good opportunity to acquire a business that can offer a sustainable income and the rent reasonable. Offering a sound ROI, this is an excellent investment! This business asking price is R990 000 plus stock in trade of +- R25k, sale includes 1 x chevy utility bakkie and excludes 1 x ABI Fridge and 1 x MIKO coffee machine. Business generates an average monthly turnover R139k and an average monthly net profit of R33k. Full transparency with asset list and managements accounts available for serious buyers.

Mfundo Nhlabati – Broker Head Office