Sectors / Category

Annual turnover

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  • Mandate: 30802
  • Added: 18 Jan 2017
  • 1790

Clean Modern Pizzeria with good track record

Gauteng, Vaal Triangle
1790
Mandate 30802
Added 18 Jan 2017
R 1,190,000* ZAR
Stock: R 40,000
Assets: R 921,909
R 36,819 ZAR
Stan Moran
(PRINCIPAL)
Aldes Ace
Gauteng
Summary

Located in the Vereeniging area, this family owned pizza restaurant/takeaway boasts great value for money, extra large pizzas, with regular repeat customers.

Clean Modern Pizzeria with good track record
SELLING PRICE
R 1,190,000* ZAR
Stock: R40,000
Assets: R921,909
R 36,819 ZAR
Summary

Located in the Vereeniging area, this family owned pizza restaurant/takeaway boasts great value for money, extra large pizzas, with regular repeat customers.

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Fully describe the business's activities?
Retail Pizza outlet

How long has the business been established?
Since December 2012

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
Opens at 9am each day, prepare fresh pizzas and serve, or deliver throughout the day.

How are the clients attracted to the business?
Mon and Wed 2 for 1 specials. Superior product and larger than normal size.

What Advertising/Marketing is carried out?
Advertising trailer and pamphlet drops

Does the business have any contract work?
No

What competition exists?
All the major franchise chains.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Returns are on file

Are there up-to-date Management Accounts available?
Yes on Point of Sale reports

What Balance Sheet and Income Statements are available?
Yes

What percentage of the business is cash/credit?
All cash or card, no credit

How could the profitability of the business be improved?
Buying directly from suppilers

Is Seller finance available and for what amount?
No

What is the payback period?
Currently 32 months

What is the return on investment?
Approximately 37%

What is the total staff complement?
Eight

Do any receive special perks or incentives?
No

Are they on contract?
No

Do any have management potential?
Yes

How involved is the Owner in running the business?
Hands on

When does the current lease end?
Already expired but can be re-newed.

What is the annual escalation %?
It was 8%

What are the trading hours?
Mon to Sat 09h00 to 21h00 Sun 10h00 to 21h00

What is the square meters of the business?
120sqm

Is a copy of the lease available?
Yes

Do you require a licence?
No

What lease deposit and/or other surety is required?
Normally one month's rent and electricity deposit

What are the main assets of the business?
Full asset schedule available. All equipment plus two Honda and one Suzuki motorcycles.

Are any items not included in the sale?
ABI two door cooler CAT 2 drop safe Just two door cooler

What is their overall condition?
Good

Do any require repairing?
No

How have they been valued ?
Replacement Cost

Which assets are on lease/HP and with whom?
None

Strengths?
Offers 10% larger pizza than norm Special promotions Delivery offered

Weaknesses?
Normal economic conditions means margins must be tightly controlled.

Opportunities?
Maintain focus on larger Pizza, specials and delivery, to maintain competitive edge.

Threats?
Normal franchised brands

What is the reason for the sale?
Owner has other business interests

Why is this a good business?
This brand has survived the opening of three other franchised brands and has maintained it's share of the market.

What is the price plus stock and the net profit?
Price is R1,150,000 plus stock (at cost) of approximately R40,000 to a VAT registered buyer (i.e. zero rated), with net profits in excess of R40,000/month.

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FRANCHISE DETAILS

Aldes Ace

1 members
16 active mandates
Gauteng
6 Nightingale Road, Atlasville
1459

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