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Top Brand Fast Food And Burger Franchise, In-store For Sale

Johannesburg North, Gauteng, South Africa
Asking Price:
R1,600,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This 85 seater Fast Food & Burger Franchise has been established inside a large National Department Store for the past 20 years, and has been owned by the present owners for the last 6 years. The business is part of one of the largest Franchise Group in the country, and is a household name in SA. Not only is the Group known for their Burgers & Breakfasts, but these days their
Lamb Chops, Steaks & Ribs are more popular than ever. This particular branch, because of its location, is very safe from a security point of view, and the working hours are excellent, with no nights at all, and early closing on weekends. Also, the store is connected to the building's Generator, so Load Shedding is also not an issue.
An excellent and well kept store, with very well trained Staff and Managers. The Franchisor prefers the new owner to be someone who would like to run the business 'hands-on', and in essence be the Owner/Operator, with of course the Manager's help. At the moment the Owner is only in the business for approximately 2 days a week, so the business is mainly manager run, which I repeat, is not acceptable to the Head Office.
This is an excellent opportunity to own a profitable business, (which, even during the Covid Pandemic, is still profitable), and still be able to retain a decent family lifestyle!
The business is being sold at a very reasonable market related price, and should not to be missed!!!

Property Information

Real Estate:

Lease

Location:

Very well located in a National Department Store in the Northern suburbs.

Premises Details:

85 Seater, well maintained Fast Food Restaurant and Takeaway Franchise.

Business Operation

Reasons for selling:

The owner is involved in 3 other businesses and can no longer spend enough time in this shop.

Trading hours:

Monday to Friday 9am to 6pm. Saturdays 8am to 4pm and Sundays 9am to 2pm.

Employees:
They employ a Total of 10 Staff, including 4x Waiters and a Manager/Cashier. As the figures have already begun to move towards the Pre-Covid Turnovers, if necessary, they will slowly employ more staff, although they are coping very well as is.
Years established:
The business has been established for approximately 20 years in the same location.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

All Support and Training will be supplied by the Franchisor, which Franchisor must approve the Buyer before a Sale may take place. There will be a 'once-off' Joining Fee, over and above the Purchase Price, due to the Franchisor.

Furniture / Fixtures value:
R1,200,000 - included in the asking price
Inventory / Stock value:
R45,000

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