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Established And Profitable Pizza And Burger Franchise For Sale

Benoni, Gauteng, South Africa
Asking Price:
R2,500,000 Furniture / Fixtures included
Sales Revenue:
R5,400,000
Cash Flow:
R960,000

This reputable and well-known combo franchised store has been trading for 15 years.
Consistent monthly turnover throughout the year meaning a loyal customer base.
Pizza, burgers, wings, ribs etc. sold to walk in customers, own bike deliveries (2 bikes) and third-party delivery companies.
Seller is hands on but has an experienced, loyal and trustworthy management person in place.
Staff complement: 8 full time employees and 1 casual driver.
Rent: R41 000 and utilities of +/- R17 500 monthly.
Average total operational expenses for past 12 months: +/- R167 000 per month.
Seller is currently busy undertaking a minor upgrade / revamp in line with minimum franchisor requirements.
Average Turnover: +/- R450 000 (excl. VAT) per month.
Average (EBITDA) Profit: +/- R80 000 per month.
Asking price: R2.5 million (excluding stock, joining fee and landlord deposits).
Seller is now ready to retire.

Further info will only be shared upon signing of an NDA and Proof of Funds

Property Information

Real Estate:

Lease

Leasehold Rent:

R492,000 per annum

Business Operation

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

Seller is retiring.

Trading hours:

Open 7 days a week from 9am - 8pm.

Employees:
8 permanent and 1 casual (driver)
Years established:
15

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

To be discussed in Franchise application.

Other Information

Support & training:

Full handover plus ongoing support from Franchisor.

Financing available:

No. Cash buyers only.

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R40,000