Fast Food Franchise For Sale Esikhawini

Property Information

Real Estate:

Lease

Lease Terms:

The business operates from leased commercial retail premises at Esikhawini Plaza. Any assignment or continuation of the existing lease will be subject to landlord approval and agreement on the applicable rental terms, deposits and outstanding obligations.

The seller will facilitate discussions with the landlord as part of the proposed business transfer. The purchaser will be required to satisfy the landlord’s requirements for continued occupation.

Leasehold Rent:

R528,000 per annum

Living Accommodation:

Not applicable – commercial retail premises only Not applicable – commercial retail premises only

Location:

The business is situated in Esikhawini, within the greater Richards Bay area of KwaZulu-Natal. The location serves the surrounding residential communities and provides access to an established local consumer market. The store is positioned within a retail shopping environment, offering convenience and accessibility to customers.

Premises Details:

The business occupies an established retail unit at Esikhawini Plaza, fitted and equipped for fast-food operations.

The premises include a customer service counter, food preparation area, commercial kitchen equipment, refrigeration facilities and existing shop fittings.

The equipment has been maintained and is available for inspection by prospective buyers.

The premises are leased, and continued occupation will be subject to landlord approval, settlement or agreed treatment of outstanding obligations, and applicable lease arrangements.

Size in square feet:

657 sq ft

Planning Consent:

The premises have previously been operated as a fast-food franchise within an established shopping centre. Any applicable municipal approvals, food premises compliance requirements and permissions required for continued trading or a change of operator will need to be verified by the purchaser.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

The business offers potential for growth and improved performance under a committed, hands-on operator with sufficient working capital.

Opportunities include expanding the product offering through coffee, baked goods, ice cream, slush beverages and promotional meal combinations, subject to franchisor approval.

Additional growth opportunities may include local marketing campaigns, community partnerships, corporate and bulk orders, improved stock management and targeted promotions.

With adequate capitalisation, effective cost management and consistent product availability, a new owner could pursue a structured turnaround and business growth strategy.

The existing store setup and equipment provide a foundation for recommencing operations, subject to the necessary approvals and operational requirements.

Competition / Market:

The business operates within a competitive fast-food retail environment, with established takeaway outlets and other food retailers serving the Esikhawini community namely Pedros, Steers, Debonnairs.

Reasons for selling:

The owner has decided to divest from the business following operational and financial challenges, including high occupancy costs and working capital constraints.

The store is currently not trading and is being offered as a turnaround opportunity to a suitably qualified purchaser with the financial capacity and operational experience to relaunch the business.

The owner wishes to focus on other business and professional opportunities.

Trading hours:

09:00 - 18:00 (7 days a week)

Employees:

4

Years established:

1 year (opened February 2025)

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The business operates under the King Pie franchise brand. The proposed sale includes the existing store setup and a proposed transfer of the franchise operation, subject to approval by King Pie Head Office.

The purchaser will be required to comply with the franchisor’s qualification, training, operational and financial requirements. Any applicable transfer fees and franchise obligations will be confirmed during the transaction process.

Other Information

Support & training:

The seller is willing to provide a reasonable handover period to assist the purchaser with understanding the store setup, equipment, historical operations and established business processes.

Any formal franchise training, operational support and ongoing assistance from King Pie Head Office will be subject to the franchisor’s approval and applicable franchise terms.

Financing available:

Non applicable

Furniture / Fixtures value:

R843,550 - included in the asking price

Distressed:

This business is a turnaround opportunity