Sectors / Category

Annual turnover

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  • Mandate: 33486
  • Added: 07 Oct 2019
  • AFS
  • 591

Franchise Restuarant and Take Away

Gauteng, Johannesburg
591
Mandate 33486
Added 07 Oct 2019
R 1,200,000* ZAR
Stock: R 50,000
Assets: R 891,000
R 50,722 ZAR
Chris Ferguson
(PRINCIPAL)
Aldes Infinity
Gauteng, Fourways
Gauteng, Fourways
Summary

Thai Food Franchise

SELLING PRICE AFS
R 1,200,000* ZAR
Stock: R50,000
Assets: R891,000
R 50,722 ZAR
Summary

Thai Food Franchise

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Fully describe the business's activities?
Franchise restaurant and take away

How long has the business been established?
2 years

How long has the owner had the business?
2 years

How does the business operate on a daily basis?
Business is run by managers Monday-Sunday 11:00 AM - 09:00 PM

How are the clients attracted to the business?
Website, Uber Eats, Mr Delivery

What Advertising/Marketing is carried out?
Website, Radio, Flyers and Road Signage

What are the seasonal trends?
Consistent trade throughout the year

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Yes will be disclosed during due diligence

Are there up-to-date Management Accounts available?
Yes will be disclosed during due diligence

What Balance Sheet and Income Statements are available?
Yes will be disclosed during due diligence

What percentage of the business is cash/credit?
100% cash

What is the total staff complement?
14 staff

Do any receive special perks or incentives?
Christmas Bonus depending on duration of service

Are they on contract?
Yes

Do any have management potential?
2 existing managers

How involved is the Owner in running the business?
Owner has halfday involvement, mostly taking care of administrative tasks

When does the current lease end?
December 2020

Is there an option of renewal & what period?
Yes will be disclosed during due diligence

What is the annual escalation %?
8%

What is the square meters of the business?
170 sq meters

Who is the Owner/Landlord?
Will be disclosed during due diligence

Is a copy of the lease available?
Yes will be disclosed during due diligence

Do you require a licence?
Liquor license and Business trading license

What lease deposit and/or other surety is required?
R180,000.00

What are the main assets of the business?
Kitchen Equipment and restuarant fixtures

Are any items not included in the sale?
UPS and Laptop

What are their settlement amounts?
Paid in full

Are they presently insured?
Yes

Strengths?
Strong Brand

Weaknesses?
Economy and Competition

Opportunities?
Local School approached owner to cater for events

Threats?
Economy and Electricity supply - Generator Installed

What is the reason for the sale?
Owner Emmigrating

What is the price plus stock and the profit?
R1,200,000.00 including stock of R50,000 Net profit R

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FRANCHISE DETAILS

Aldes Infinity

1 members
11 active mandates
Gauteng , Fourways
205 Rivonia Road Morningside Sandton
Fourways

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