Hot Dog Fast Food Take Away Franchise For Sale

Business description

The business is a fast food, hot dog take away located in a
brand new shopping centre.

The product variety caters for all tastes.

Affordable quality products and service excellence ensures
that the franchise is kept at the forefront of fast food industry.

The franchise has been in existence since 1997 and has a
number of outlets across the country.

The new shopping centre opens in July 2008.

Anchor tenants include Woolworths, Checkers, Planet Fitness, Clicks and 65 retail outlets.

This is a turnkey operation. Projected turnover figures has been supplied by the Franchisor based on the model of success of their other outlets and stores.

The store is established but will open when a franchisee is found.

NOTE: The selling price is R410 000 + Stock of R25 000. The selling price and stock is excluding Vat. Purchaseer would claim vat vack as this is a brand new outlet.

Estimate -Average Monthly Net Profit: R38 254.00

Franchise terms

Owner involvement is advised by the franchior to maximise turnover and profitability.

Property information

Real Estate:

Lease

Lease terms:

The lease will be for three years with a three year renewal option.

There is a 9% annual escalation.

The shop is app. 45 sqm, rental at R280/sqm. Please note the figures on income statement will reflect the rent plus levies.

Location:

Foot traffic in the mall. The franchisor also offers additional means of promoting the product including display cart and trailor set ups.

Other information

Expansion potential:

Strengths:
This is a well known established franchise with other outlets in the region. The operation is simple to run with good franchisor support. Training will be provided by head office.
The business is located in a good position in a well serviced shopping centre,

Weaknesses:
The shopping centre is due to open in July and has to establish itself in the local community.

Opportunities:
Good opportunities exist outside of the store itself by involvement with local functions using the cart/trailor options from the franchisor.

Threats:
The usual threats exist due to in centre competition from other food outlets.

Competition / Market:

Clients are mainly walk in, but the opportunity exists to develop a client base outside of the store at functions, sports days etc using the methods above.

Support & training:

The franchisor supports the franchisee with advertising, menus. A local promotional strategy will need to be developed. There are other franchisees in the region and business associations would be beneficial.

Reasons for selling:

This is a new turnkey operation with a successfull franchise.

Trading hours:

Centre hours are 9.00am to 7.00pm seven days a week.

Furniture / Fixtures value:

R200,000 (included in the asking price)

Inventory / Stock value:

R25,000 (included in the asking price)