Sectors / Category

Annual turnover

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  • Mandate: 29065
  • Added: 12 Mar 2018
  • 1250

Great Sandwich Business - Food

KwaZulu-Natal, North Coast
1250
Mandate 29065
Added 12 Mar 2018
R 250,000* ZAR
Stock: R 20,000
Assets: R 68,000
R 5,157 ZAR
Werner Angell-Schau
(PRINCIPAL)
Aldes Zululand
KwaZulu-Natal
KwaZulu-Natal
Summary

This business is very well situated in the heart of a busy CBD & Business parks. Good solid franchised business with good support and marketing. Offers good fast food products and snack platters especially for the business sector and free delivery. Well trained staff and a menu that will tantalize your taste buds for all occasions.

SELLING PRICE
R 250,000* ZAR
Stock: R20,000
Assets: R68,000
R 5,157 ZAR
Summary

This business is very well situated in the heart of a busy CBD & Business parks. Good solid franchised business with good support and marketing. Offers good fast food products and snack platters especially for the business sector and free delivery. Well trained staff and a menu that will tantalize your taste buds for all occasions.

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Fully describe the business's activities?
Strong Franchised fast food outlet doing freshy made Sandwiches, French Breads, Platters, Foot long, Salads & Baked Potatoes.

How long has the business been established?
Business established this branch in 2017, has had business since 2010... This branch will be subjected to operate under the same menu and recipes that the current owner has established for there is another branch operating under the same banner.

How long has the owner had the business?
Owner established the business in 2017

How does the business operate on a daily basis?
Currently owner run, owner opens and closes the business, controls staff and stock. Purchasers and finances controlled by the owner. Business has a strong walk in, telephone & online client base. Business has a free delivery service.

How are the clients attracted to the business?
Very well known brand, Online web site in place with menu and ordering systems. Flyers and promotions running at all times to create attraction to the business.

What Advertising/Marketing is carried out?
Promotions and specials runs most of the time. Flyers are distributed through out the business sector, effective web site well constructed with online ordering facility.

Does the business have any contract work?
Good solid client base in place, good support as the business is situated in the heart of the CBD and Business Parks.

What are the seasonal trends?
Business runs pretty constant through out the year

Are there up-to-date Management Accounts available?
Yes all up to date and available to any serious enquiries during due dilligence stages.

What Balance Sheet and Income Statements are available?
Yes all up to date and available to any serious enquiries

What percentage of the business is cash/credit?
70 % Card 30% Cash

What is the age analysis of the debtors book?
None

How could the profitability of the business be improved?
More marketing and awareness of the products in the area can be achieved to create more orders

Is Seller finance available and for what amount?
Yes the seller will consider a very small percentage but is not in favor of it. Seller wants to move on to other commitments and would prefer to cut all ties with the business at soonest possible time frame

What is the total staff complement?
1 Owner 1 Cashier 2 Kitchen staff 2 Delivery staff

Are they on contract?
Yes all permanently employed

Do any have management potential?
None

How involved is the Owner in running the business?
Owner runs the business full time, owner control is the key to the success of this business.

When does the current lease end?
October 2019

Is there an option of renewal & what period?
Yes option in place for a further 2 years...

What is the annual escalation %?
8%

What are the trading hours?
Monday to Friday 07:30 - 16:00 Saturday 08:00 - 12:00

What is the square meters of the business?
110 Sqm

Is a copy of the lease available?
Yes

Do you require a licence?
None

What lease deposit and/or other surety is required?
One months rent

Are any items not included in the sale?
None all included as per assets list

What is their overall condition?
All in excellent working condition

Do any require repairing?
None all have been maintained

How have they been valued ?
Accountant

Are copies of agreements available?
Yes

Are they presently insured?
Yes

Is a full asset list on file?
Yes

Strengths?
This business is very well situated in the heart of a busy CBD & Business parks. Good solid franchised business with good support and marketing. Offers good fast food products and snack platters especially for the business sector and free delivery. Well trained staff and a menu that will tantalize your taste buds for all occasions.

Weaknesses?
Currently owner run

Opportunities?
This business provides opportunity to anyone that wants to own their own business and needs to start. Good solid client base with good Nett profits

Threats?
No direct threats..

What is the reason for the sale?
Owner has other business opportunity that she wants to explore, will find it difficult to achieve running this business, so decided to sell.

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FRANCHISE DETAILS

Aldes Zululand

2 members
31 active mandates
KwaZulu-Natal
28 Bronze Street
3880

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