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Extremely Lucrative Take Away In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
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54 Year old Café/Take away for sale

Opportunity to own a well established 54 year old Take Away business.
This business is situated in one of the Big Shopping centres in South of Johannesburg, with a retail presence of 95 various stores, including Anchor tenants like Shoprite and PNP.
Current Foot traffic for the centre is over 150,000 per month
The centre has also recently installed boom gates for access.
The business is strategically situated close to the Main entrance and parking lot, two stores away from Shoprite

Well know for their morning trade of Pies, Russians, toasted Sandwiches/Burgers, Skilaki( Hot dogs) as well as the afternoon, Pap and Chicken.
Some of the staff have been with the business for some years and this also adds value as they are familiar with their customers.
The store offers Take away', Bread, Newspapers, Airtime, Cigarettes and Coldrinks all at a one stop shop.

Although COVID has impacted every business Countrywide, they have still managed to reflect a great profit for Trading year 2021
The current owner is looking to retire and this is the only reason for sale.
Net Profit for Y/E 28/02/2021 R 977,760
Win4Me Valuation Using a P/E of 3 Value R 2,933,280
Selling for a cash offer of R 2,195,000 including stock

Please complete and return our attached NDA for more information

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