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Platters, Rolls And Sandwiches Franchise, Northern Suburbs, Johannesburg For Sale

Northern suburbs of Johannesburg., Gauteng, South Africa
Asking Price:
R550,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This cute store is a branch of one of the best known Franchise Groups in Gauteng, and has been in existence for the past 15 years in a busy upmarket Northern suburb in Johannesburg, with the present owners having had the store for the last 10 years. It is a food outlet that only does takeaways and deliveries, and is well known for their Rolls, Sandwiches & Platters, however their Menu has been expanded over the years and includes over 200 items, including Baked Potatoes, Breakfasts and even Banting options. Besides suppling individuals, their largest source of Income is to the corporate companies within a 5km range of their store, to which they deliver platters and various meal options to their corporate clients for meetings and functions, as well as individual orders. The business is still making a profit, which is obviously not what it used to be, but as New Covid Cases have started decreasing, the corporates are bringing back more and more of their staff to the Office, so it has impacted on the business and their Turnovers are starting to increase once again. The business is being sold at a very reasonable market related price, based on their current figures.
An excellent opportunity for a young operator to obtain a very well known Franchise, for a very fair
price, with lots of room for growth and expansion. A really brilliant opportunity, especially because once Covid has moved on, the only way is up!!!

Property Information

Real Estate:

Lease

Location:

Well located in a busy upmarket Northern suburb of Johannesburg.

Business Operation

Expansion Potential:

As the new Covid Cases have begun to drop, their business has started to improve once again, so there is definitely a good opportunity come the day that Covid is beaten. Their Pre- Covid figures were of course, (like most businesses), much stronger, and Net Profits were much higher.

Reasons for selling:

The Owners feel that after 10 years in this business, and many years in other businesses before that, it is time for them to retire.

Trading hours:

They are open Monday to Friday from 8am to 4-30pm. Pre-Covid they opened Saturdays from 8am to 2pm, as well.

Employees:
Currently they employ a Total of 5 Staff members, with an extra Driver available if and when they need him.
Years established:
The business has been owned by the present Owners for the past 10 years.

Other Information

Support & training:

All Support and Training will be supplied by Head Office and the Franchisor must approve the Buyer before a Sale may take place. There will be a once-off Joining Fee, over and above the Selling Price, due to the Franchisor of R75k plus Vat.

Furniture / Fixtures value:
R200,000 - included in the asking price
Inventory / Stock value:
R50,000

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