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Annual turnover

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  • Mandate: 32090
  • Added: 03 May 2018
  • AFS
  • 1133

Franchised Pizza Takeout

Gauteng, Johannesburg
1133
Mandate 32090
Added 03 May 2018
R 2,780,000* ZAR
Stock: R 30,000
Assets: R 0
R 99,559 ZAR
Rory Miller
(PRINCIPAL)
Aldes Active
Gauteng
Summary

Perfectly positioned in local centre. Well established with continuing growth due to ever expanding residential estates in area. Manager over sees daily ops.Highly profitable and is brand leader.

SELLING PRICE AFS
R 2,780,000* ZAR
Stock: R30,000
Assets: R0
R 99,559 ZAR
Summary

Perfectly positioned in local centre. Well established with continuing growth due to ever expanding residential estates in area. Manager over sees daily ops.Highly profitable and is brand leader.

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Fully describe the business's activities?
Highly profitable wood fired franchised pizza take out. Business is brand leader. Exceptionally well positioned in local centre in Fourways. Highly trained staff cope with owners 3-4 hours/ day involvement. Area filled with estates who have high lsm residents. Business established in 2011.

How long has the business been established?
Since 2011

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
Business trades from 10-9 daily. Very limited sit down so most of business is take out or delivery.

How are the clients attracted to the business?
Group advertising, centre mgt, Appetite, word of mouth, reputation, way pizza is cooked

What Advertising/Marketing is carried out?
Group and via Appetite

Does the business have any contract work?
No

What competition exists?
Number of other take outs in area. None of this offering

What are the seasonal trends?
Dec is slightly better however no more than 10% up

Are there up-to-date Management Accounts available?
Franchisor requires stores to used their internal systems. these are linked directly to franchisor. Accounting records pulled from this system.

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

How could the profitability of the business be improved?
More hands on owner will likely increase business

What is the payback period?
31 months

What is the ROI?
39%

What is the total staff complement?
10 staff, 2 shifts and 5 drivers

How involved is the Owner in running the business?
Owner in 3-4 hours max pd

When does the current lease end?
New leased signed in Oct 2017 for 5 plus 5

Is there an option of renewal & what period?
Yes 5 years

What is the annual escalation %?
TBC

What are the main assets of the business?
Operational assets of the business.

What is their overall condition?
Very good. no revamp required.

Strengths?
Great product & brand, well established, trained staff, location, limited owner involvement

Weaknesses?
Economy, other competitors

Opportunities?
More owner involvement

Threats?
Economy

What is the reason for the sale?
Owner looking to immigrate

Why is this a good business?
Well priced easy to run business that is well established in great location and is brand leader

What is the price plus stock and the net profit?
R3,270,000 plus stock

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FRANCHISE DETAILS

Aldes Active

1 members
14 active mandates
Gauteng
Postnet Suite 129, Post Box 92418
2117

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