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