Buy a Well known Chicken Franchise business for sale in Gauteng on BusinessesForSale.com

  • Listing ID: 882379
  • (Seller ref: victchi)

Well known Chicken Franchise for sale


Location:
Category:
Type:

Listed by:


Asking price:
R3,000,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
R5,160,000
Cash flow:
R7,464,000
Franchise opportunity:
Yes
Years established:
since 2002
Employees:
2 Fryers, 2 packers, 2 cashiers, 1 supervisor, 2 shift workers

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This chicken Franchise business is in an upmarket area in the north of Johannesburg. It has the typical franchise look which is very well known and popular. Since the business is established for 7 years it has regular clients from the surrounding area as well as new customer daily. It has not only a good name because of the franchise also it is well known because of the friendly and fast service. The royalty paid to the franchisee is 10% of the turnover. The owner has a supervisor in the shop and is not very much involved. A new owner could be more involved and also upgrade the décor which would increase the turnover or net. profit. This easy run and established chicken franchise business will not be long on the market.


10% from turnover


Expansion potential:
The business is now 7 years old and the look and décor can be upgraded which can increase the net. profit by 25%.
Reasons for selling:
the owner is immigrating
Trading hours:
Mon - Thurs. 8am - 8pm, Fr. - Sat. 8 am -9m
Furniture / Fixtures value:
R900,000 (included in the asking price)
Inventory / Stock value:
R150,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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