Two Very Busy Franchised Restaurants In Prime Locations For Sale

Business description

This is a rare and unique opportunity to purchase two extremely busy franchised restaurants, both well established, and in absolutely prime locations. The restaurants are located in the same city, and are both of the same brand.

Each restaurant currently turns over in excess of R1,000,000 per month.

Operating partners hold minority interests (about 15%) in both restaurants, and over time clever vertical integration and
sharing of resorces has resulted in two smaller operating companies also being established. These two additional
businesses are also included in the deal, and each one has both strategic benefit, as well as profit advantage to the
business as a whole.

The seller would prefer selling only his interest in the businesses and leaving the operating partners in place, as he believes this will be in the best interests of the business as well as the new owners. This point is, however, open to negotiation, and will obviously affect the asking price accordingly.

The asking price below is based on the buyer purchasing only the seller's interest in the businesses - a buyer purchasing 100% shareholding would elevate the asking price from R9,500,000 to R11,000,000 plus stock.

These businesses are very well established, have excellent reputations, and are part of an extremely popular and successful national and international franchise group. They are both extremely well positioned, and are sure to provide the incoming buyer with a very solid return on investment, coupled with more than acceptable levels of risk.

Franchise terms

Joining fee applicable. Sale will be subject to Franchisor approval and training.

Property information

Real Estate:

Lease

Location:

Both restaurants are located in absolutely prime positions. One is within an extremely bust shopping mall, and the other is situated in a strip mall at a very busy main street intersection.

Other information

Support & training:

Training will be provided by the Franchisor, and a suitable handover can be negotiated with the seller. Both restaurants currently have competent management in place with shareholding.

Inventory / Stock value:

R200,000