Rare opportunity to acquire not 1 but 2 Fast Food outlets on a University campus in Jhb!
These businesses when available, sell quickly since they are in a very secure environment with low rentals, flexible hours and a captive student market.
The 2 stores are 3 shops apart so can be easily managed together.
The owner has been operating the 1 store for 13 years, and the other for 8 years, so they are well established.
The operating hours are totally flexible with the option to choose your days and times of operation.
The current owner’s operating hours are as follows:
Monday – Friday: 8am – 6pm.
Saturday: 10am – 2pm.
Sunday: Closed.
Staff: 3 + 3.
Rent: R13 500 (for both.)
Asset value: around R100k.
Average Turnover for the last 12 months: R190 000 pm.
Average net profits: R48 500pm.
Selling Price: R1,25m.
R.O.I.: 46%.
