This well-known, profitable family business has been in existence since 1960 and is still being run by the original family, however, it is time to retire now and therefore this profitable establishment is seeking a new owner.
This business has various income streams, the main being food and fuel. Included in the sale are the premises on which the daily operations are performed with an additional rental income. The building has been valued at R 3.8 mil. All the equipment is included which includes a large diesel-operated generator so that load shedding does not affect productivity.
The staff is well trained and it includes three managers and nineteen other staff members.
Food: Monthly Turnover - R600-R700k
GP% - 35%
Monthly gross profit - R210-R240k
Fuel: Monthly Gross Income - R80-R100k
Rent: Monthly Income - R13.5k