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Flame Grilled Chicken Franchise In Ballito For Sale

Ballito, KwaZulu - Natal, South Africa
Asking Price:
R1,500,000
Sales Revenue:
R3,138,575
Cash Flow:
R613,890

The well-known Franchise brand was established in 1994.

This popular HALAL certified (SANHA) chicken fast food franchise was opened three and a half years ago by the current owner and there is no Franchisor revamp requirement until 2029.

It operates from leased premises in a busy shopping centre with tables and seating for 24, plenty of parking and good security.

The owner who operates mainly remotely, is well supported by nine well trained and multi skilled full time staff.

The owner wants to focus on his other business interests which creates a wonderful opportunity for an interested buyer to acquire a very well established, well located and profitable business.

The business has an annual net profit (EBIDT) over R613,000 and offers a return on investment of 41%.

The asking price for the business is R1,500,000 excluding VAT and excluding stock

Property Information

Real Estate:

Lease

Lease Terms:

Lease up for renewal in 2025 and has an option to renew.

Location:

Located in a busy centre with high foot traffic.

Premises Details:

Well suited to the business needs

Business Operation

Reasons for selling:

Owner has another business which requires more of his time

Trading hours:

Mon- Sun 10h00 to 20h00

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

yes by both the Seller and Franchisor

Furniture / Fixtures value:
R1,100,000
Inventory / Stock value:
R20,000