Profitable & Growing - franchise food business: Edenvale/Bedfordview area
Niche menu * Popular location * Strong Management systems * Strong brand
Key business figures:
Expected average sale p.m. R239,000
Average monthly cash flow: R35,000
Years in business: 1 year
Negotiable asking price: R620,000
Estimated set-up cost: R730,000
An excellent opportunity to acquire a fully equipped business as a going concern for an attractive. The business is complete – perfect location, great menu, trained staff and loyal customers.
Opened in January 2020 by a dynamic group of experienced food business experts the business traded well through lockdown and is now experiencing rapid growth with a solid base of loyal clients. The owners are expanding as part to for their own business strategy to open businesses in new locations – the business is solid.
A simple and popular menu offers wraps, grills, and light meals such as burgers, snack platters and more from a fully equipped kitchen.
The rented premises consist of some 100 m/sq. of floor space and an outside patio leading directly to the customers parking in a shopping centre (not a mall).
About 40% of the sales are delivery or take away. Previously the business relied on Uber Eats, but has now also arranged a local delivery contractor with his own car – this faster and less expensive
The business offers a lot:
Indoor and patio seating for about 20 people – easy to manage
Coffee bar and dessert/cake selection inside the restaurant
Safe location with 24-hour shopping centre guarded and controlled access booms.
Strong and growing franchise operator with national promotion
Fully equipment kitchen – newly installed and in perfect order
Liquor licence applied for – this will be a bonus
Manager/Supervisor that can run the store without daily owner involvement
Trained and experienced staff that work well together and are motivated.
Modern POS system and accounting system with full business control and report functions.
Lease with a co-operative landlord and reasonable rental for upmarket position
The business is open for lunch and dinner each day and closes by 8p.m.
All dishes have been developed and costed by the franchisor and are proven to be popular.
Franchisor will provide full training in return for a negotiable franchise fee. The owner will provide comprehensive training and support for at least three months.
Reasonable monthly rental of R23,914, plus electricity etc.
This serious seller is planning a new expansion (function venue) in another area. Assistance with store operation, training, liquor licence transfer once approved etc. is offered – in addition to the franchisor support and training.