Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Established & Profitable Fast Food Takeaway Store In Northcliff For Sale

Northcliff, Gauteng, South Africa
Asking Price:
R1,250,000 Furniture / Fixtures included
Sales Revenue:
R3,900,000
Cash Flow:
R660,000

This Franchised store situated in the Northcliff area has been serving affordable value for money burgers, toasties, ribs and more to loyal customers for 24 years!

This is a great opportunity for an entrepreneur looking to own an easy to run business with a succesful history and good profits.

Rent: R19 369pm. (around R38000 including all utilities.)

Staff: 5 (+ owner who manages the store.)

Operating hours: Mon - Sat: 10.30am - 8.30pm. Sundays - Closed.

Turnover:  average R330 000 pm.

Net Profits: average R55 000 pm.

Selling price: R1,25million.

Reason for sale: Owner is retiring.

Further info will only be provided upon signing an NDA and providing Proof of Funds.

Property Information

Real Estate:

Lease

Leasehold Rent:

R236,000 per annum

Location:

On a main road with great visibility.

Premises Details:

Nice store with ample parking.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Owner wants to retire.

Trading hours:

Mon-Fri: 10.30am - 8.30pm.
Sat: 10am-8.30pm.
Closed on Sundays.

Employees:
5
Years established:
24

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Very low royalty of R3000pm.
Buyer can De-Franchise if preferred.

Other Information

Support & training:

Full handover by owner.

Financing available:

No. Cash buyers only.

Furniture / Fixtures value:
R300,000 - included in the asking price
Inventory / Stock value:
R60,000