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Established Burger Rib And Wing Franchise For Sale

Cape Town - Southern Suburbs, Western Cape, South Africa
Asking Price:
R899,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,535,000
Cash Flow:
R397,000

Fantastic opportunity to buy an existing store in a growing  and exciting new Franchise!
Situated in an upmarket area in the Southern suburbs of Cape Town.
Serving the most delicious Ribs, Burgers, Chicken wings and Milkshakes.
Takeaways offered through Uber Eats.

Turnover - R2.535.000pa
Expenses - R2.138.000pa
Net profit - R397.000pa (R33 000pm.)
Stock - R10.000 (included in sale)
Asset value - R115.000 (included in sale)
Rent - R5.900pm (incl. VAT)

Years in Operation - 2
Staff - 4

Reason for sale - The owner is franchising the businesses. 9 stores currently in operation

Opportunities - Get liquor licence  & get own delivery drivers

Selling price - R900.000
ROI - 44%

Property Information

Real Estate:

Lease

Leasehold Rent:

R70,000 per annum

Location:

Prime residential area

Business Operation

Expansion Potential:

Obtain Liquor Licence and do own deliveries

Competition / Market:

This is a unique concept

Reasons for selling:

Owner has 9 stores and is Franchising.

Trading hours:

7 days a week.

Employees:
4
Years established:
2

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5% royalty

Other Information

Support & training:

Full handover, training and support from Franchisor

Furniture / Fixtures value:
R115,000 - included in the asking price
Inventory / Stock value:
R10,000 - included in the asking price

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