- Listing ID: 673343
- (Seller ref: R109)
Ocean Basket Franchised Restaurant Eastern Suburbs Of Johannesburg For Sale
Under Offer
- Location:
-
- South Africa
- > Gauteng
- > Johannesburg
- > JHB
- Category:
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Summary
- Asking price:
- R1,700,000 (Furniture / Fixtures included)
- Sales revenue:
- R4,100,000
- Cash flow:
- R960,000
- Franchise opportunity:
- Yes
- Years established:
- 2003
- Employees:
- 22
Business description
Ocean Basket Franchised Restaurant, very popular restaurant with good annual growth. Situated in popular shopping centre with ample parking in suburb east of Jhb. Modern well laid out decor
Franchise terms
Buyer must meet franchisor requirements which includes franchise payment of R120,000 plus VAT and be prepared to sign franchise agreement.
Property information
- Real Estate:
- Lease
- Location:
- Situated in modern very busy shopping centre on a busy road, ample safe parking in the centre.
Other information
- Expansion potential:
- Ocean Basket restaurants are expeiencing very good annual growth which is assisted by Franchisor advertising program.
- Support & training:
- Franchisor offers full training
- Reasons for selling:
- Owner immergrating
- Trading hours:
- 10-10 7 days a week
- Furniture / Fixtures value:
- R600,000 (included in the asking price)
- Inventory / Stock value:
- R65,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Gauteng
- > Johannesburg
- > JHB
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