Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Bakers, Manufacturers, Wholesalers & Retailers Of Fast Foods For Sale

Eastern Cape, South Africa
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
R15,633,416
Cash Flow:
Available on request

This business was started in one of the major cities in the Eastern Cape in 1991, baking pies, packing them and delivering seven days a week. They became so successful, that after 5 years they bought their own building, from which they still operate today, and the business has now grown into a major manufacturer and supplier of various food items, which includes their now famous Pies, Samoosas, Bread Rolls, and a wide selection of Fast Foods. Their customers include Spaza Shops, Cafés, Schools and directly to the Public via their own Retail Outlet built at the front of their Factory, as well as their own group of five Franchised Stores in various different locations. The Factory's Retail Food Store serves between 400 and 600 hundred people per day and they are well located in an industrial area housing large companies such as Lennons Pharmaceuticals, Eveready Batteries, Firestone and the like. In a nut shell the company being sold consists of 3 Tiers, all being sold together, as they feed off each other, and they are :-
The Wholesaler/Manufacturing along with Retail Food Outlet; The Franchise Operation that controls the Franchise stores, and lastly their SME that caters for Bulk Pie and large Catering Customers. The Business is extremely well established in the Eastern Cape and has a reputation of selling quality foods, and the wholesale division is known for their regular and reliable service and deliveries. The Retail Outlet, as well as the Franchise Stores, sell items such as Pies, a Variety of Burgers and Chips, Wraps, Combo Meals, Breakfasts, Steak Sandwiches and Meals with Salads, and of course Platters for Parties or Business Meetings. The whole company is extremely well run by the Owners who have survived the Covid Pandemic very well, and is an excellent opportunity to purchase a well established business with a good ROI, especially if you have good Management Skills. For any local business people in the Eastern Cape, or for those of you who wish to escape the Johannesburg Rat-Race and move to the Coast, this is definitely an opportunity not to be missed!!

Property Information

Real Estate:

Lease

Location:

Well located in an industrial area, and includes their Factory and Retail Outlet that supplies the whole area. Their five Franchise Outlets are located in different areas in the city.

Premises Details:

The factory is well laid out, and includes the Pie Baking area, the area used for the manufacturing of all their other Fast Food Products, and the Retail Outlet facing out front, with its own work area.

Business Operation

Expansion Potential:

There is of course plenty of opportunity to expand the basket of goods manufactured and sold, as well as developing and increasing the Franchise Stores.

Reasons for selling:

The Owners wish to retire after working the business for the past 20 years.

Trading hours:

The Factory is open from 6-45am to 4-30pm 5 days a week, and opens on Saturdays from 6-45am to 1pm. They are closed on Sundays, however the Franchise Stores work different hours, depending on where they are located.

Employees:
They employ a Total of 39 Staff members.
Years established:
The business has been operating successfully for the past 20 years, and still owned by the original owners.

Other Information

Support & training:

The Sellers will stay with the new Owner for a year to help with a smooth transition as well as some training as to how they run their business now, for a monthly fee of R25, 000-00.

Furniture / Fixtures value:
R3,500,000 - included in the asking price
Inventory / Stock value:
R500,000

Contact Absolute Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Absolute Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here