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Annual turnover

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  • Mandate: 32707
  • Added: 06 Feb 2019
  • AFS
  • 559

Popular Burger Franchise

Gauteng, Pretoria
559
Mandate 32707
Added 06 Feb 2019
R 5,510,000* ZAR
Stock: R 110,000
Assets: R 2,000,000
R 152,510 ZAR
Ferdi van Greunen
(PRINCIPAL)
Aldes Head Office
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

Burger franchise for sale in Pretoria. Well-known and established brand with a national footprint. Loyal patrons return to the restaurant for the trendy vibe and delicious food. This is an extremely lucrative business with good cash flow and financial management.

Popular Burger Franchise
SELLING PRICE AFS
R 5,510,000* ZAR
Stock: R110,000
Assets: R2,000,000
R 152,510 ZAR
Summary

Burger franchise for sale in Pretoria. Well-known and established brand with a national footprint. Loyal patrons return to the restaurant for the trendy vibe and delicious food. This is an extremely lucrative business with good cash flow and financial management.

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Fully describe the business's activities?
Top performing burger franchise for sale in Pretoria. This brand is the fastest growing franchise in South Africa with over 70 stores countrywide. They have a loyal customer base with regular patrons visiting the restaurant for delicious, high-quality burgers and other delectable menu choices. The business is ideally situated close to various businesses, shopping centres, and hospitals.

How long has the business been established?
The owner started the Franchise in 2016.

How does the business operate on a daily basis?
The restaurant is popular for lunch and dinner meals. The store also offers takeaway and various delivery options (Mr. D, Uber foods) which makes up 45% of their sales. The owners are only involved in the overall management and growth of the business, they have an operations manager managing the store, kitchen, staff, orders, and deliveries.

How are the clients attracted to the business?
Extremely popular brand with a huge footprint in South Africa, offering a high-quality menu. They have a unique vibe and service offering which keeps the customers coming back for regular dine-in.

What Advertising/Marketing is carried out?
The Franchise Group does most of the marketing on a national basis and the Franchisee pays a monthly marketing fee of 2% of turnover.

What competition exists?
The restaurante is situated between other restaurants and takeaway businesses, which is an advantage for the business. No direct competition serving the same standard of food.

What are the seasonal trends?
December tends to be a quieter month compared to the rest of the year.

Is the business VAT Registered?
Yes, the business is a VAT-Vendor

What VAT documentation is on file?
All VAT-documentation are on file with the accountant.

Are there up-to-date Management Accounts available?
Aldes has up-to-date Management Accounts available (October 2018).

What Balance Sheet and Income Statements are available?
We have audited financials available for viewing.

What percentage of the business is cash/credit?
90% Card 10% Cash

What is the total staff complement?
Between 28 - 30 employees The business has an operator in place, he is responsible for the daily running of the business. The Franchisor provides comprehensive management training for their franchise operators.

Are they on contract?
Yes.

Do any have management potential?
The business is currently run by a manager. The current manager will not stay on with the business, however, he will assist with the handover and training of a new owner/manager. The Head Office also provides a compulsory management and training program for new owners or operators.

How involved is the Owner in running the business?
The owner is not involved in the daily running of the business.

When does the current lease end?
The current lease ends 2021 with an option to renew for another 5 years.

What are the trading hours?
Monday - Wednesday & Sunday 10:00 - 22:00 Thursday & Saturday 10:00 - 23:00 Friday - 10:00 - 24:00

What are the main assets of the business?
Kitchen Equipment Furniture and Fixtures IT Equipment Kids Jungle Gym & Play area Full asset list can be provided.

Are any items not included in the sale?
Everything will be included in the sale.

What is their overall condition?
Everything is in a good and working condition and no need for repairing.

Are they presently insured?
The owner has full business insurance.

Strengths?
- Popular Burger Franchise with a national footprint. - Strong brand - Loyal customer base - Known for their high quality food - Highly profitable business with good Turnover and cash flow

Weaknesses?
- Very competitive industry.

What is the reason for the sale?
The owner would like to expand his other businesses.

Why is this a good business?
Great established brand with a huge footprint across the country. This business is extremely profitable with a good cash flow. Business can be run by an operator with limited owner involvement in the day-to-day running of the business. You can't go wrong with buying into this exclusive franchise group.

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FRANCHISE DETAILS

Aldes Head Office

2 members
9 active mandates
Gauteng , Pretoria East
Menlyn Woods Office Park Block C 291 Sprite Street Faerie Glen
Pretoria East
0040

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