Pizza Franchise Ideal For Cash Buyer In Durbanville For Sale

Business description

A well known franchise pizza take-away. This store also offers the option of dining inside or outside. The outside area provides a pleasant spot in the fresh air where you can either wait for your order or relax and enjoy the quality pizzas.

The owner takes a great deal of pride in the store which is kept in pristine condition since its revamp. The owner also gets involved in the community by taking part in varous activities held at the surrounding schools, such as sports days or fetes and carnivals. The store also hosts their poplular fun days for the budding young entrepreneurs.

This business would suit someone who is a cash buyer and wants to be involved in the community.

Property information

Real Estate:

Lease

Lease terms:

5 year lease which expires end March 2015.

Location:

This business is hihgly visible being situated on the main road. There is off road parking. The store is neat, clean, colourful and eye-catching with umbrellas on the outside where you can sit and dine or wait for your pizza to be made.

Premises details:

The premises are spotless with store being revamped only a year ago.

Business Operation

Competition / Market:

There are other pizza take-aways in the area but this one is so well known in the area because of the community involvement.

Reasons for selling:

The owners have to re-locate due to family commitments which is becoming an urgent situation.

Trading hours:

Daily from 10am till 10pm

Employees:

12 plus 7 casuals

Years established:

7

Franchise terms

Franchise opportunity:

Yes

Franchise fee of R75,000 excluding VAT. Royalties 12%

Other information

Support & training:

Full support and training will be given by both the seller and the franchisor.

Financing available:

Owner will look at seller finance but this business would suit a cash buyer who has a million to invest.

Furniture / Fixtures value:

R880,000 (included in the asking price)

Inventory / Stock value:

R6,000 (included in the asking price)