Here is an opportunity to purchase either one, or both of these top class Burgers & Fast Food Franchised Restaurants, both owned by the same owners. The oldest of the 2 stores has been located in the East Rand since 2015, while the other is located in the Eastern suburbs of Johannesburg. Both restaurants have a Liquor License. The RocoMamas Brand is part of one of the leading Franchise Groups in the country, and the shops are famous for their Burgers and Fries including their legendary Ribs and Chicken Wings, not to mention their scrumptious Waffles & Shakes. Also popular in the shops are their various Jalapeno Poppers and their Ribs, Wings & Burger Combos The sellers do not work full time in the stores, however each store has a team of people including an operator and managers who run the stores for them. Having said that, the owners have systems in place enabling them to check the shops, as well as visiting the stores as much as possible, even though they are involved in other business sectors. They are now finding that they are unable to devote the necessary time to look after their restaurants and have therefore decided to put the businesses on the market. The smaller of the 2 shops has seating for 80 pax, while the slightly bigger shop in the East Rand can seat 90 pax. They also have cameras in the BOH and the FOH which are linked to their phones. Each of these businesses is a brilliant opportunity for an Owner/Operator to run with the existing staff, and save costs on less managers, as a full time 'hands-on' operator will be an asset and can only be a benefit to either or both of the shops together, should a buyer wish to purchase both stores.
The shop in the Eastern suburbs of Johannesburg has an asking price of R2.1m plus Stock of approximately of R70k, and the shop in the East Rand has an asking price of R3.2m plus Stock of approximately R100k. Both businesses together will cost R5.3m, plus Stock for each store. Both of these businesses are a excellent in their own right, and just ripe for the taking.
Don't let them pass you by!!
- Asking Price:
- Undisclosed Furniture / Fixtures included
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
2x Franchised Fast Food Restaurants, one in the Eastern suburbs of Johannesburg, and one in the East rand.
- Premises Details:
-
Both RocoMamas Stores are located in excellent centres in their respective areas,
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
The Sellers are involved in other business sectors and are no longer able to spend enough time to check the businesses as much as is necessary.
- Trading hours:
-
The shop are open from 11am to 9pm 7 days a week.
- Years established:
- The older of the the 2 stores was built and opened by the present owners 10 years ago, while the other store, although about 5 years old, was bought by the sellers just over 2 years ago.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All support and training will be given by the Franchisor who must approve the purchaser before a Sale may take place. There will be a once-off Joining Fee due to the Franchisor, over and above the Purchase Price of R145k plus VAT, per shop.
- Furniture / Fixtures value:
- R3,500,000 - included in the asking price
- Inventory / Stock value:
- R170,000
