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Prime Well-Known Franchised Restaurant In Northriding Square For Sale

Northriding, Gauteng, South Africa
Asking Price:
R1,900,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

PRICE: R 1 900 000

LANDLORD IS PROVIDING A TI ALLOWANCE OF R700K

(NORMALLY A STORE LIKE THIS WOULD COST R2.6M TO BUILD!)

AVERAGE NET PROFIT: R 100 000P/M to R150 000P/M++

ROI: 24 months

DESCRIPTION: This is a very well-known and established restaurant franchise group. This particular store will be a new set-up, the deal includes the full turnkey operation, fixtures and fittings, joining fee, computer equipment, bar area, plumbing, electrical, CCTV, extraction, and opening stock (The entire turnkey operation). These businesses are very profitable. The franchisor has conducted an intense geographical survey, and a store in this area should be extremely profitable for the new franchisee. This is truly a once-in-a-lifetime opportunity to own a store within this well-known and popular brand.

The brand is popular because of its high-quality offering and its value for money. The brand is solid and has been operating for 24 years. They have never closed a store. All their stores are profitable. The store is primely located in a huge catchment area.

This is truly a fantastic opportunity to buy into this popular and well-known franchise group with a well-priced value that should give the new franchisee an incredible ROI of 24 months!!

TRAINING: Full training is provided, and thereafter ongoing Head Office support.

Property Information

Location:

Primely located in busy catchment area

Business Operation

Reasons for selling:

New store with a R700k TI allowance from the landlords!

Employees:
14 staff members
Years established:
New Store

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full training will be provided and thereafter ongoing head office support

Inventory / Stock value:
R100,000