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Businesses for Sale in George! Various
R 500,000
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28 days ago133 views
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Description
I have various business opportunities in the George area, for more information, please contact me on 0649110099
Id Subtitle 1341389650
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Karien Muller
Selling for 1 month
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368Total Views
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ABOUT THIS BUSINESS: Own a thriving sausage diner outlet in South Africa’s scenic Garden Route! This turnkey fast-food enterprise, renowned for award-winning hotdogs with premium sausages like beef, cheesy chicken, and chilli lamb, features a prime retail location plus three mobile trailers. These units generate substantial profits at high-traffic events such as the Knysna Oyster Festival (July), Klein Karoo Nasionale Kunstefees (KKNK) in Oudtshoorn (March/April), George Old Car Show (February), Simola Hillclimb in Knysna (May), Ironman 70.3 in Mossel Bay (November), Plett Arts Festival (October), Knysna Speed Festival (October), Klein Karoo Klassique in Oudtshoorn (August), Matriekbaai in Mossel Bay (December), and the Dias Festival in Mossel Bay (February). With a loyal customer base, and popular take-out meals, this business offers diverse revenue streams in a tourist hotspot drawing millions annually. Benefit from full owner support, including training, marketing, and supply chain, with low overheads and high margins. Ideal for an owner-operator eager to tap into the booming Garden Route tourism market.OPERATIONS: Owner managed with excellent, qualified staff.REASON FOR SELLING: Relocation.SCALABILITY: Massive market to grow and expand.PREMISES: Leased – High visibility.TRANSACTION: Cash buyers only to enquire. (No seller finance)ACQUISITION VALUE:SELLING PRICE: R3,95m Including VAT (0% VAT rate) as a going concern.STOCK VALUE: R20,000.00 (estimated)TOTAL ACQUISITION VALUE (INCLUDING STOCK): R3,952m PROFITABILITY:ANNUAL TURNOVER: R3,6mAVERAGE MONTHLY TURNOVER : R300,000NET PROFIT (EBITDA) PER ANNUM: R1,238mNET PROFIT (EBITDA) PER MONTH: R100,000INVESTMENT RETURNS:(EXCLUDING STOCK)PE RATIO: 3.1ROI(RETURN OF INVESTMENT): 32%MPB(MONTH’S PAY BACK): 38ASSETS:MARKET VALUE: R1,479mASSET VALUE RATIO TO SELLING PRICE: 38%
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