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

Roodepoort, Gauteng, South Africa
Asking Price:
R1,200,000 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, and has been moved to its present location a few months ago in a busy Shopping Centre on one of the busiest main roads in the area, and is currently being run by the Franchisor, (Head Office). The Turnovers are increasing month on month and they now wish to sell the store to a Franchisee who wants to run his own store full time 'hands-on'!! Not only do they have some sit-down customers and walk-in takeaway orders, but are also setup to use MrD and Uber Eats for deliveries, and have a special menu used only for these deliveries. The shop has the advantage of also having a comfortable seating area which adds to the friendly in-store ambience. Besides their signature slow cooked BBQ Ribs, there are also Chicken Wings and other delicious options on their menu such as a Gourmet 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 organized store with all the correct systems in place, including Cameras in the BOH and FOH, including sound with an 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 get a well run, profitable store, with all the systems already in place and supervised and run by the Franchisor, who will supply all the necessary training and I.P. to the new Franchisee.
A top class opportunity indeed!!

Property Information

Real Estate:

Lease

Location:

Well located in a suburban shopping centre in Weltevreedenpark on one of the busiest main roads in the area, with a large Supermarket as it's anchor store, and with lots of secure parking and easy store access.

Business Operation

Reasons for selling:

This is a Head Office Store, and they now wish to sell it to a 'hands-on' Franchisee who will be the Owner/Operator.

Trading hours:

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

Employees:
They have a total of 6x employees with the Head Office Staff also in the store most of the time.
Years established:
The shop has been established for 5 years before being moved to its present busy location, and is being run by the Franchise Group's Head Office.

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:
R650,000 - included in the asking price
Inventory / Stock value:
R30,000