Business Summary
Acquisition Value
R9,500,000: Business Value (Selling Price)
R 250,000: Stock (Estimated)
R9,750,000: Total Acquisition Value (Including Stock)
Revenue (Annual) - Rounded
R18,1 Million Sales
R 7,5 Million Cost of Sales (Food Cost)
R10,6 Million Gross Profit
Profitability (Annual) - Rounded
R7,1 Million Operating Expenses
R3,5 Million: Net Profit (EBITDA) per Annum
R 291,000: Net Profit (EBITDA) per Month (Average)
Investment Returns (Excluding Stock)
2.7 x: PE Ratio (Price Earnings Ratio, Before Tax)
37%: ROI (Return on Investment)
32 x: MPB (Months’ Pay Back)
Steers, Fishaways and Debonairs is one of the top branded food Franchise groups in South Africa for many years and also a blue-chip investment opportunity, part of Famous Brands. All the brands are under the top 10 major fast-food franchises in South Africa when it comes to growth in revenue.
This combo of fast foods is located for more than 20 years, well established in a very busy neighborhood center in an upmarket suburb of Gauteng. The potential opportunity consists of 4 stores, in one combined transaction. The stores have all been revamped, brand new to the latest brand specifications, no capital expenditure is necessary for the next 5 to 7 years.
There was exceptional growth of sales above the average benchmark of the industry over the past two financial years, due to residential growth in the area, strong brand and marketing support from Famous Brands. Home deliveries are becoming increasingly convenient and popular in South Africa and the stores are very well equipped and delivery-ready to grow in this segment of the market, with an excellent delivery system and concept.
IMPORTANT NOTE
The owner has certain protocol/conditions and preferences under which we are restricted to disclose business information. No detailed operational/financial information will be disclosed without the required documentary and sours documents being processed according to the seller's criteria.
Interested applicants need to provide the following and be available for the following processes;
1. Complete an NDA
2. Proof (on request) of a minimum unincumbered cash amount of not less than R6Million
3. Upon receipt of above, the owner prefers an introduction meeting before info disclosure
