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Annual turnover

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  • Mandate: 31745
  • Added: 30 May 2018
  • AFS
  • 917

Fast food service at the entrance of a busy mall serving Fish and Chips

Gauteng, Johannesburg
917
Mandate 31745
Added 30 May 2018
R 547,000* ZAR
Stock: R 12,000
Assets: R 150,000
R 15,212 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

The franchise is at the entrance to a busy mall servicing walk in clients. They also have seating available

Fast food service at the entrance of a busy mall serving Fish and Chips
SELLING PRICE AFS
R 547,000* ZAR
Stock: R12,000
Assets: R150,000
R 15,212 ZAR
Summary

The franchise is at the entrance to a busy mall servicing walk in clients. They also have seating available

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Fully describe the business's activities?
Fast Food - fish & chips franchise

How long has the business been established?
4 years

How long has the owner had the business?
4 Years

How does the business operate on a daily basis?
Fast food business with take away sales and also seating . They servicing mostly walk in customers on daily basis with fish and chips

How are the clients attracted to the business?
Monthly specials and Fanchisor's advertising

What Advertising/Marketing is carried out?
Head office promo in newspapers

Does the business have any contract work?
no

What competition exists?
Nando's around corner.

What are the seasonal trends?
Up trend in winter times

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Available on request

Are there up-to-date Management Accounts available?
Yes available on request

What Balance Sheet and Income Statements are available?
Feb 2017

What percentage of the business is cash/credit?
80% cash

What is the age analysis of the debtors book?
na

How could the profitability of the business be improved?
by entering into contracts with schools

Is Seller finance available and for what amount?
no

What is the ROI?
25%

What is the total staff complement?
5

Give a breakdown of staff/ functions/ length of service?
4 x catering assistants 1 x Supervisor

Do any receive special perks or incentives?
no

Are they on contract?
yes

Do any have management potential?
Yes supervisor

How involved is the Owner in running the business?
Daily basis

What are the trading hours?
9h00 to 20h30

What is the square meters of the business?
70

Do you require a licence?
Franchise

What are the main assets of the business?
Fryers, freezers, icecream machine, fridges, cameras, tables, shelves, pos

Are any items not included in the sale?
one feezer

What is their overall condition?
good

Do any require repairing?
no

How have they been valued ?
Franchisor

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

What are their settlement amounts?
none

Will Seller settle or Buyer to take over?
n/a

Are copies of agreements available?
n/a

Are they presently insured?
yes

Strengths?
Well located, affordable food, high fot trafic

Weaknesses?
high staff turnover

Opportunities?
More aggressive marketing

Threats?
Theft

What is the reason for the sale?
Owners to pursue other business interest

Why is this a good business?
Well established business at the entrance to a busy mall.

What is the price plus stock and the net profit?
R550 000 plus stock of R20000. Nett income of R220 000

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FRANCHISE DETAILS

Aldes Pro

2 members
16 active mandates
Gauteng
Malcolm Road
0000

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