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Thriving Franchise Restaurant & Takeaway In West Rand For Sale

West Rand, Gauteng, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures included
Sales Revenue:
R8M - R15M
Cash Flow:
R1,000,000

Available for purchase is a thriving and profitable restaurant and takeaway boasting a successful 7-year history.

Recently revamped, this restaurant is affiliated with a well-known franchise and strategically positioned in a bustling mall in West Rand, Gauteng. The mall has recently undergone major enhancements, heightening its appeal to customers and attracting notable tenants such as Woolworths, Mr Price, and Checkers. Which have all come into the centre recently. The anticipated arrival of additional anchor tenants in the coming months positions the mall as an exceptionally lucrative investment opportunity.

The business requires minimal staffing compared to counterparts, ensuring streamlined management. The recent renovations in both the mall and the establishment have fueled rapid growth, presenting significant potential for a prospective buyer. Notably, the rental expenses are lower than those in neighboring shopping centers. Before the renovation, Approval by the franchisor is required for all new buyers.

Property Information

Location:

Extremely busy intersection. Inside a mall

Premises Details:

Mall

Business Operation

Expansion Potential:

Mall as well as shop has been revamped. 7 New tenants including Woolworths, Checkers and Mr price have opened. More tenants will open in the coming months.

Competition / Market:

No immediate competition inside Mall

Reasons for selling:

I'm looking to pursue new ventures and feel that it's the right time to pass the torch to someone who can continue to grow and develop the business.

Trading hours:

Monday to Sunday

Employees:
19
Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Aproval needed from franchisor for new buyer

Other Information

Support & training:

New buyer will be required to enroll for training by the franchisor after approval.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R100,000
Relocatable:
This business can be relocated.