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  Knead Bakery  

 

PROFILE    
Description:    This Knead bakery is tucked away in the Michaelangelo Towers. This is a franchised bakery/restaurant brand that has loads of appeal. The business is highly rated and growing in popularity. Excellent investment. Joining fees and monthly fees payable.
Industry / Sector:    Restaurant
LOCATION    
State / Province:    Gauteng RSA
City / Town:    Sandton
Location / Area:    .
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
PRICE    
Asking Price:    R 4 400 000
Conditions:    Plus stock. Offers subject to conditions.
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 900 000 per month
Profit:    R 90 000 per month
Annual Return:    25 % per annum
No. of Staff:    15
Year Established:    2015
Legal Persona:    - unknown or withheld -
Other Information:     
  PREMISES  
Leases in place for 2 Years plus a 5 year option To renew.
Store Size: 314m.
Rent: R82,142 per month

  STAFFING  
Staff well trained and will remain.

  NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT  
Training will be given.

  MARKET and CUSTOMERS  
Good customer base.
Business is highly rated in the electronic media and remains very popular.

  LIFESTYLE ISSUES  
Trading hours.
  -   Tues to Sat:   07h00 21h00
  -   Sun:   07h30 17h00
  -   Mon:   07h00 18h00

  REASON FOR SALE  
The sellers have business interests outside this industry.

  NON-DISCLOSURE AGREEMENT  
All prospective buyers will have to sign a non-disclosure document before any business details are made available.

  AVAILABILITY of AUDITED FINANCIALS  
Available on request from seller.

  SALE CONDITIONS  
Price excluding stock. Closest cash offers will be considered.


 

 

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Record ID: 2697
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