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5 Year Old Dynamic Food Business In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,200,000
Cash Flow:
R100,000

5 years ago we set out to create something unique in the Gauteng Halaal food sector. Today the business has grown into an amazing and much loved brand serving the higher LSM eater. Our YoY customer satisfaction index is at 96%. We have maintained an average of 4.8/5 on Google, Ubereats and MRD. Our food is uniquely positioned amid the plethora of food choices. We have a unique creative menu with over 50 menu items, our customer base is quite balanced although our Halaal eaters rank higher. More than 70% of our meals are eaten by mid-level and senior managers, the remainder being family meals. Our food reaches customers in Sandton CBD, Rivonia, Morningside, Woodmead, Wendywood and Waterfall, Linbro Park areas. On Saturdays people from further afield areas (Pretoria, Limpopo, KZN, North West and others) place orders for pickup.

We have a healthy and organic (non-paid) following on Facebook and Instagram.

Through the best of times and the worst of times we've kept the business alive despite setbacks during the 2nd wave of Covid-19. With perseverance and calculated risks we've brought the business to a position that is ready for scale with the right business partner/buyer

The business is uniquely positioned to be taken to high LSM restaurant locations in Johannesburg, Pretoria, Durban and Cape Town. If you believe in the possibility of a multi outlet operation and this all American New York concept then I am ready to walk you through the depth and breadth of this much desired food concept which has proven itself in the past 5 years to yield sound financial results, healthy gross profits.

If - you ready to journey with me I will ensure a healthy partnership that will enable a multi footprint operation destined to become the next best alternative to me-too fast food chains. (The current financials are derived from a 45sqm Cloud Kitchen concept running a pure delivery and Takeout model) the multiples would be at least 3.5x if the business is relocated to a commercial hub.

The current business operates from 09h30 to 17h30 Monday to Saturday with an average T/O of R100k

What 1,5m buys you:

The concept, the customer base, the recipes, stock, equipment, restaurant Point of Sale, order taking Tablet's, MRD Terminal, Ubereats terminal, Visa/MasterCard card machines, Epson POS printers, label printers, ovens, fryers, grillers, stainless steel tables, ice machines, blenders, freezers, Jetchefs, Halaal Certification, legal agreement, 4 weeks of training and handholding.

If you have a passion for good food and a drive to make this model work make contact with us.

For more information, please contact us by using the form below.

Property Information

Location:

Sandton, Suburb

Premises Details:

Current location 9.5 x 5.5 Cloud kitchen with cold, room, storage, and food prep kitchen

Business Operation

Expansion Potential:

Revenue from sales has the potential to be at least 3.5 to 4x if it was relocated to a commercial shopping centre within its target market

Competition / Market:

Roccomamas, Steers, Burger King, and others

Reasons for selling:

I am preparing to relocate to another country within the next 12 months. I'd like to leave my legacy in the hands of a capable, willing and passionate investor who will realise my vision.

Trading hours:

Currently Monday to Saturday (closed Sundays and PH) 09h30 - 17h30.

Future model 7 days per week from 08h00 to 19h00 and 21h00 on Saturdays. Sundays 09h00 - 16h00

Employees:
4
Years established:
01/09/2018 - Current

Other Information

Support & training:

Full support for 4 weeks from date of sale. Thereafter consulting fees will apply.

Furniture / Fixtures value:
R350,000 - included in the asking price
Inventory / Stock value:
R30,000 - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated.