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Well-established Franchise Restaurant In Oakdene For Sale

Oakdene, Gauteng, South Africa
Asking Price:
R1,600,000 Furniture / Fixtures included
Sales Revenue:
R5,400,000
Cash Flow:
R100K - R500K

Ignite your culinary empire! Join our sizzling franchise family for a proven recipe of success. With mouth-watering menus and great brand recognition, turn your passion into profit. Be the maestro of your own gastronomic triumph—invest in flavour, taste the success!

Annual Turnover +/- R 5 400 000.00
Monthly Net Profit +/- R 30 000.00
Asset Value R +/- R 2 000 000.00

Owner is wanting to sell due to not living close to this store, it is manager run and it would be better to be owner/ manager run.

Property Information

Real Estate:

Lease

Lease Terms:

5 years lease
1 year 6 months left renewable

Location:

Prime Mall, busy area

Premises Details:

Inside a mall

Size in square feet:
+/- 274 square meters

Business Operation

Reasons for selling:

Owner has a couple of Restaurants and take-aways and does not live nearby and feels this store would benefit more if it is owner run and not only manager run.

Trading hours:

Monday to Friday 11am - 9.30pm
Sat - Sun 11am - 9.30pm
Public Holidays 11am - 9pm

Employees:
17
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise buy in fee +/- R 100 000.00
9% monthly royalties fee

Other Information

Financing available:

NO

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