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  Franchise Pizza and Italian Restaurant  

 

PROFILE    
Description:    This is the top performing restaurant in the country in this franchised restaurant's portfolio. The turnover has increased month on month since opening 15 months ago and there is room for good further growth. Delivery and take away starting to further increase the turnover. No revamp required for at least the next five years. Loyal and well trained staff will remain. Franchise fee and royalties payable.
Industry / Sector:    Restaurant
LOCATION    
State / Province:    Gauteng RSA
City / Town:    East Rand
Location / Area:   
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
PRICE    
Asking Price:    R 8 000 000
Conditions:    Excluding stock
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 1 100 000 per month
Profit:    R 400 000 per month
Annual Return:    60 % per annum
No. of Staff:    18
Year Established:    2014
Legal Persona:    - unknown or withheld -
Other Information:     
  PREMISES  
3 years remaining with option to renew for a further 3 years.

  STAFFING  
Well trained and loyal staff to remain at the business.

  NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT  
Some training will be given by the franchisor.

  MARKET and CUSTOMERS  
The business has built a loyal customer base, which continues to grow. Very popular location next to revamped large retail grocery store.

  OPPORTUNITY for GROWTH  
Good opportunity for further growth through increased deliveries.

  REASON FOR SALE  
Seller has other business interests.

  NON-DISCLOSURE AGREEMENT  
A confidentiality undertaking will have to be signed by any prospective buyer before details of the business will be made available.

  AVAILABILITY of AUDITED FINANCIALS  
On request from seller.

  PROOF of FUNDING REQUIREMENT  
Proof of availability of funding will have to be given before an offer from any prospective buyer will be considered.


 

 

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Record ID: 2635
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