Fully describe the business's activities?
A very well Known Franchised Branded Pizza Take away, based in Centurion, surrounded by Factory's, Office blocks and up market Suburb, in a well known shopping center. Very well establish with a very good client base .
How long has the business been established?
This Franchise was established in 2010
How long has the owner had the business?
The current owner bought it in 2014
How does the business operate on a daily basis?
Manger opens Prep done for daily orders Stock counted Service delivered
How are the clients attracted to the business?
Word of mouth Brand do the most of the marketing Very high standard in service delivery Good quality products made and manage
What Advertising/Marketing is carried out?
Brand does most of the marketing
Does the business have any contract work?
What are the seasonal trends?
Selling Trend show a constant growth . Winter and holidays have a slight increase off sales.
Is the business VAT Registered?
What VAT documentation is on file?
Will be available on request
Are there up-to-date Management Accounts available?
We have a Spread sheet for the last 15 Months.
What percentage of the business is cash/credit?
20/80% cash and card transactions
What is the age analysis of the debtors book?
None. A cash business.
How could the profitability of the business be improved?
A good local store marketing Plan to be implemented
Is Seller finance available and for what amount?
What is the total staff complement?
10 permanent staff members
Give a breakdown of staff/ functions/ length of service?
Cashiers, Kitchen staff, supervisors
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
How involved is the Owner in running the business?
Daily with limited hours.
When does the current lease end?
Is there an option of renewal & what period?
Yes for 3 years
What is the annual escalation %?
6% per annum
What are the trading hours?
From 10h00 to 21h30 7 days a week
What is the square meters of the business?
Is a copy of the lease available?
Yes On request
Do you require a licence?
Only a Business licence.
What are the main assets of the business?
Business related equipment.
Are any items not included in the sale?
Sold lock stock and barrel
What is their overall condition?
Very well maintained
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
Are they presently insured?
Very well established Pizza take away, franchised branded Business. Good management support from head office Oldest Pizza brand in SA
None we can perceive
A huge untapped market in Factory's, office blocks and Up market Suburb. Utilizing this market will increase profits
Mostly the economy
What is the reason for the sale?
Seller wants to Retire
Why is this a good business?
Well known Branded Franchise Pizza brand Shows good profits and a good established client base
What is the price plus stock and the net profit?
Stock R40 000 net profit R1 1906 771 over 15 months Selling Price R1 700 000
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