Franchise Chicken Outlet In Cape Town Southern Suburbs For Sale

Business description

Well known and profitable branded franchise store serving chicken to the retail and wholesale trade for sale.

The business is situated in the busy main road in the commercial district close to a railway station.

The shop was established in May 2011 with all new shop fittings and equipment and quickly became profitable. The lease on the premises runs for 2 more years with an option to renew.

The owners are selling because they need cash for personal reasons.

This is a rare chance to participate in a rapidly growing market under a respected brand name in a good location with an established client base which is generating an immedate positive cash flow and still has considerable potential for expansion.

Support and training of 1 month is offered to ensure the smooth running of the handover process.
The present owner will consider staying on longer under contract if required.

Fixtures and fittings to the value of R480 000 is included in the selling price.

Franchise conditions as per franchise agreement, but no additional re-franchising fee applies.

The Business generates an income of about R30 000 per month.

Asking Price: R550 000

Property information

Real Estate:

Lease