This excellent Fish & Chips Franchise Group was started by the franchisors when they opened their first store in 2009 and has since grown to include approximately 20 stores in the Pretoria area, with another 7 in Limpopo. The branch that is for sale is located in the central suburbs of Pretoria and was also opened 15 years ago. The business has proved to be very profitable, has grown year on year, and is indeed a brilliant outlet. The store is known for it's excellent quality food and service, and besides Fish & Chips, their menu includes Chicken & Chips, Russians & Chips, and Viennas & Chips, to name a few, as well as various family combos and value offerings, all at excellent prices. They sell a huge amount of ice cream on a daily basis in the store as well.
A very well-run, busy, and extremely profitable shop with well-trained staff and managers.
An excellent buy that should not be missed!!!
- Asking Price:
- R2,650,000 Furniture / Fixtures included
- Sales Revenue:
- R8,760,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Location:
-
It is very well located in a corner shop on a busy main road in the central suburbs of Pretoria. The shop will need a minor revamp to be discussed with the franchisor and to be paid for by the purchaser in order for the purchaser to have input in the revamp as well, which I stress is not a major revamp at all!!
Business Operation
- Expansion Potential:
-
The store does need a minor revamp, and I stress it is a "minor" revamp, which is to be discussed with the Franchisor, before the sale takes place.
- Competition / Market:
-
Although there is a lot of competition of all sorts of other food businesses in the area, it speaks volumes that they have gone from strength to strength over the last 15 years, and their Turnovers are still growing!!
- Reasons for selling:
-
The partners are involved in other businesses as well. and would like to do their own thing, each on their own.
- Trading hours:
-
The business is open from 09h30 to 23h00, seven days a week.
- Employees:
- They employ a total of 15x staff members, which includes 2x Managers that are able to open and close the business for the owners when needed.
- Years established:
- The business has been established for 15 years, and still growing.
Other Information
- Support & training:
-
All support and training will be provided by the Franchisor with the help of the owners. Because it is an existing store there is no Joining Fee, and the monthly Royalties are a flat fee of
R8625-00 excl. VAT, irrespective of the Turnover.
- Furniture / Fixtures value:
- R550,000 - included in the asking price
- Inventory / Stock value:
- R60,000
