About this Business: This national brand Fast Foods outlet is very uniquely located with regular clientele.
History: The shop was established in 2022 in a centre with a very specific market focus and clientele. There are almost no “competitors” in the immediate surrounding.
Staff: All staff are skilled and trained within their specific job function.
Scalability: The franchise shop is very scalable due to the location and option to extend on territory.
Figures: Annual revenue circa R3,5mi0, delivering net earnings around R780,000(EBIT)
Assets: The asset inventory is valued at R1,6m. (a whopping 50% asset value!)
Reason for Selling: Other business ventures.
Selling Price: R2,65m ( 0% VAT as going concern)
ROI: 23%!
