Rare opportunity to acquire not 1 but 2 fast food outlets on a university campus in Jhb!
These businesses, when available, sell quickly since they are in a very secure environment with low rentals, flexible hours, and a captive student market.
The 2 stores are 3 shops apart, so they can be easily managed together.
The owner has been operating one store for 13 years and the other for 8 years, so they are well established.
The operating hours are totally flexible, with the option to choose your days and times of operation.
The current owner’s operating hours are as follows:
Monday–FFriday: 8 a.m.–6 p.m.
Saturday: 10 a.m.–2 p.m.
Sunday: Closed.
Staff: 3 + 3.
Rent: R13,500 (for both.)
Asset value: around R100k.
Average Turnover for the last 12 months: R190,000.
Average net profits: R48,500 500pm.
Selling Price: Reduced from R1,25 million to R990,000.
R.O.I.: 46%.
