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Fast Food Franchise, Ribs & Wings Specialists, Krugersdorp For Sale

Roodepoort, Gauteng, South Africa
Asking Price:
R990,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

This Fast Food Franchise Group is well established in Gauteng, and this particular store has been open for the past 5 years, with the current owners having had the business for the past 2 years in the Roodepoort area. This branch is the fist Halaal Certified Store in the Group. Having said that, the owner does not have to be Muslim. The business has shown very good growth over recent months with the owner being 'hands-on' in the shop on a daily basis. They use Mr D and Uber Eats for their deliveries, and have a special slightly limited menu used only for their deliveries. The shop has the advantage of also having a comfortable seating area for 32 pax, which adds to the friendly in-store ambience. Besides their signature Ribs & Wings the business also has alternative delicious options on their Menu such as a Cheese Burger with Wings & Chips Combo; a Deluxe Platter with Ribs, Wings, Sausages & Fries, as well as their unique Boerewors loaded Cheese Fries, just to name a few!! The store has become very well established in the area with lots of passing trade in the centre as well as their many regulars. A very well organised store with all the correct systems in place, including Cameras in the BOH and FOH, including sound with a AI built into the system to track all Till activity when the Owner is not in the shop.
An excellent opportunity for a full time Owner/Operator to takeover this lovely store which has an excellent Basic Rental of only R11930-00, and is also well located in the centre.
There is plenty of room for much more growth, and a "hands-on" Owner Operator will easily be able to take this business to the next level. Don't let this one pass you buy!!

Property Information

Real Estate:

Lease

Location:

Well located in a suburban shopping centre in the Krugersdorp area that has a National Supermarket as its anchor store.

Premises Details:

Plenty of parking with easy access to the shop.

Business Operation

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

The owner is involved in another business and cannot afford enough time to stay in the shop full time, any longer.

Trading hours:

The shop is open Mondays from 11am to 9pm, and and Tuesdays to Sundays 9am to 9 pm.

Employees:
They have a total of 4x Employees in the store, with the owner there most of the time.
Years established:
The shop was established 5 years ago with the present owners having had the business for the past 2 years.

Other Information

Support & training:

All support and training will be given to the new owner by the Franchisor, which Franchisor must approve the purchaser first, before a sale may take place. There will a once-off Joining Fee due to the Franchisor of R90, 0000 plus VAT.

Furniture / Fixtures value:
R450,000 - included in the asking price
Inventory / Stock value:
R30,000