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Well-Known Fast Food Outlet In Krugersdorp For Sale

Krugersdorp, Gauteng, South Africa
Asking Price:
R2,400,000
Sales Revenue:
R3M - R8M
Cash Flow:
R500K - R1.5M

This business is a well-known and popular fast-food outlet that completes with a number of established fast-food franchises in the area and more than holds its own. The business has been in operation since 1993 and with the current owner since 1996. It is situated on a major and very busy road on the West Rand.
The fast-food outlet has an average monthly turnover of around R 390,000.00 which provides the owner with a net monthly profit of around R 89964.00 a month.
The seller would like to pursue his other interests and is asking R2.4 million (exluding stock) for the for this business lock stock and barrel.

Property Information

Real Estate:

Lease

Lease Terms:

3 year lease with option to renew.

Location:

Krugersdorp

Premises Details:

Around 200 sq. meters - rented premises

Size in square feet:
200 sq meters
Planning Consent:

Not applicable - rented premises

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

Owner wants to pursue his other interests.

Trading hours:

Monday to Saturday 08h00 to 20h00 and Sundays 08h00 to 14h00.

Employees:
8
Years established:
1993

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R1,500,000
Inventory / Stock value:
R100,000
Relocatable:
This business can be relocated.