Sectors / Category

Annual turnover

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  • Mandate: 32606
  • Added: 21 Nov 2018
  • AFS
  • 206

Pizza Perfect in Randburg

Gauteng, Johannesburg
206
Mandate 32606
Added 21 Nov 2018
R 1,250,000* ZAR
Stock: R 30,000
Assets: R 150,000
R 45,273 ZAR
Louis Aucamp
(PRINCIPAL)
Aldes Pro
Gauteng
Summary

Established Pizza Perfect outlet in a busy mall surrounded by large residential complexes.

Pizza Perfect in Randburg
SELLING PRICE AFS
R 1,250,000* ZAR
Stock: R30,000
Assets: R150,000
R 45,273 ZAR
Summary

Established Pizza Perfect outlet in a busy mall surrounded by large residential complexes.

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Fully describe the business's activities?
This is a Pizza Perfect Franchise. It is situated in a strip mall with easy access. 40% of total turnover is derived from deliveries which is standard for the Industry. The current owners is managing the business on a daily basis.

How long has the business been established?
10 years

How does the business operate on a daily basis?
The business is opened in the morning by the current owner. food are then prepared and sold to walk in customer and delivered. Owners does cash-up in the evening

How are the clients attracted to the business?
Word of mouth, Franchisor advertising, and visitors to the mall

What Advertising/Marketing is carried out?
only Franchisor

Does the business have any contract work?
No

What competition exists?
There are many fast food businesses in the area

What are the seasonal trends?
weekends are busier October and November are busy months

What percentage of the business is cash/credit?
Card and cash payments

How could the profitability of the business be improved?
Additional advertising

Is Seller finance available and for what amount?
No

What is the total staff complement?
7 kitchen staff and 2 drivers

Do any have management potential?
No

How involved is the Owner in running the business?
He manage the business on a daily basis

When does the current lease end?
2021

Is there an option of renewal & what period?
5 Years

What are the trading hours?
10 to 8

Who is the Owner/Landlord?
Lefkas Property investments

Is a copy of the lease available?
Yes

Do you require a licence?
Franchisor approval

What are the main assets of the business?
Oven, fridges, counters, point of sale, tables chairs

Are any items not included in the sale?
No

What is their overall condition?
Good

Do any require repairing?
Normal maintenance

How have they been valued ?
Owner valuation

Are they presently insured?
Yes

Strengths?
The business is well situated in a mall with easy access from the parking area. It service both middle and upper income areas. Profitability is good for the investment into this business. The franchise brand is strong and no monthly Royalties are payable.

Weaknesses?
Business needs owner involvement to run properly

Opportunities?
Additional marketing and specials

Threats?
Economy downturn

What is the reason for the sale?
Owner wants to scale down on current business activities

Why is this a good business?
Good staff in place and the business Business is running smoothly at a well known location and good brand

What is the price plus stock and the net profit?
R1 250 000

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FRANCHISE DETAILS

Aldes Pro

2 members
20 active mandates
Gauteng
Malcolm Road
0000

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