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Profitable Wimpy In Vereeniging For Sale

Vereeniging, Gauteng, South Africa
Asking Price:
R4,800,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R500K - R1.5M

Opportunity of a lifetime!

Are you ready to step into a thriving business poised for success? Look no further! An established and lucrative franchise from a well-known food brand, which has recently undergone a revamp, in a bustling mall is now available for acquisition.

With an annual turnover of approximately R7,700,000.00 and a robust gross profit margin of 65%, this business promises substantial returns. The net profit (SDCF) of R85,000.00 per month speaks volumes about its profitability and stability.

Situated in a high-traffic mall, this franchise has been a cornerstone of its community for 18 years, with the current owner at the helm since 2020. The business model is finely tuned, with 75% of operations managed by a skilled team, allowing the owner to step in minimally at 25%.

Priced at R4,800,000.00, this investment includes all assets essential for seamless operations. Plus, upon meeting, details regarding the franchise fee will be provided, ensuring transparency and clarity.

However, what truly sets this opportunity apart is the untapped potential awaiting its next owner. Whether you're an experienced entrepreneur or a newcomer seeking a turnkey business, this franchise is ready to elevate your success.

As the current owner transitions due to health reasons, seize the chance to carry forward the legacy of this esteemed franchise. Don't miss out on this chance to be part of a lucrative venture with a proven track record.

Take the first step towards securing your future today! Contact us to sign a non-disclosure agreement (NDA) and gain access to financials. Your journey to business success starts here.

Exclusive Mandate: Act now to secure this exclusive opportunity from a well-known food franchise, recently revamped for even greater success!

Property Information

Real Estate:

Lease

Lease Terms:

3 Months renewable for 5 years

Location:

Busy Mall

Premises Details:

+/- 370m Squared. The restaurant has inside seating and an outside seating area.

Size in square feet:
+/- 370 square meters

Business Operation

Competition / Market:

Normal competition in this market

Reasons for selling:

Owner is selling due to health issues

Trading hours:

Monday - Thursday 7am -6pm
Friday- Saturday 7am - 9pm
P/Holidays 7am - 6pm

Employees:
17
Years established:
18

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5 Years term with monthly royalties if 12%

Other Information

Support & training:

Training will be provided

Financing available:

No

Furniture / Fixtures value:
R2,600,000 - included in the asking price