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Leading Fish & Chips Takeaway Franchise, Pretoria Area For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R3,850,000 Furniture / Fixtures included
Sales Revenue:
R8,760,000
Cash Flow:
Available on request

This excellent Fish & Chips Franchise Group was started by the franchisors in Pretoria when they opened their first store in 2009, and has since grown to include approximately 20 stores in the Pretoria area, with another 7 in Limpopo.

The branch for sale is in the eastern suburbs of Pretoria, and was also opened 15 years ago, in 2009.

The business has proved to be very profitable, has grown year on year, and is indeed a brilliant outlet.

The store is known for it's excellent quality food and service, and besides Fish & Chips, their menu includes Chicken & Chips, Russians & Chips, and Viennas & Chips, to name a few, as well as various family combos and value offerings, all at excellent prices.

They sell a huge amount of Ice Cream on a daily basis in the store as well.

A well run, busy and extremely profitable shop, with well trained staff and managers.

An excellent buy for sure!!

Property Information

Real Estate:

Lease

Location:

Well located in a corner shop on a busy main road in the Eastern suburbs of Pretoria.

Business Operation

Expansion Potential:

The store does need a bit of a revamp, and when this has been decided upon with the Franchisor, before the sale takes place, the sellers will negotiate the selling price accordingly.

Competition / Market:

Although there is a lot of competition of all sorts of other food businesses in the area, it speaks volumes that they have gone from strength to strength over the last 15 years, and their Turnovers are still growing!!

Reasons for selling:

The partners are involved in other businesses as well. and would like to do their own thing, each on their own.

Trading hours:

The business is open from 09h30 to 23h00, seven days a week.

Employees:
They employ a total of 15x staff members, which includes 2x Managers that are able to open and close the business for the owners when needed.
Years established:
The business has been established for 15 years, and still growing.

Other Information

Support & training:

All support and training will be provided by the Franchisor with the help of the owners. Because it is an existing store there is no Joining Fee, and the monthly Royalties are a flat fee of
R8625-00 excl. VAT, irrespective of the Turnover.

Furniture / Fixtures value:
R550,000 - included in the asking price
Inventory / Stock value:
R70,000