About this Business: This national brand Fast Foods outlet is very uniquely located with a regular clientele.
History: The shop was established in 2022 in a centre with a very specific market focus and clientele. There are almost no “competitors” in the immediate vicinity.
Staff: All staff are skilled and trained within their specific job function.
Scalability: The franchise shop is very scalable due to its location and option to extend its territory.
Figures: Annual revenue circa R3,5 million, delivering net earnings around R780,000 (EBIT)
Assets: The asset inventory is valued at R1,6 million (a whopping 50% asset value!)
Reason for Selling: Other business ventures.
Selling Price: R2,85m ( 0% VAT as going concern)
ROI: 29%!