Fully describe the business's activities?
Popular franchise in a very busy student area of Pretoria. Preparing, packaging and delivering or serving of fast food.
How long has the business been established?
More than 10 years
How long has the owner had the business?
Give a breakdown between sit-down, takeaways and deliveries
5% sit down, 15 % takeaways and 80% deliveries
How does the business operate on a daily basis?
Opening, Preparing the shop, Taking in orders by phone, online and email. Preparing of orders. Deliver to customers.
How are the clients attracted to the business?
National Radio, TV and Internet advertising by the Franchise.
What Advertising/Marketing is carried out?
TV, Radio, Internet, cold calling, face to face marketing, email marketing, Social media.
Does the business have any contract work?
Yes. The business services various corporate clients in the area on a general basis.
What competition exists?
None specifically. Even though the business is a popular fast food franchise it has a very specific food class.
What are the seasonal trends?
All time high but slightly lower during school holidays.
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
What percentage of the business is cash/credit?
What is the age analysis of the debtors book?
Approximately 1 Month
How could the profitability of the business be improved?
More marketing and participation in the current student area.
Is Seller finance available and for what amount?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
1 Assistant manager (3yrs) 1 Stock controller(1 yr) 4 Kitchen assistants (3yrs) 1 Cashier (1 yr) and 5 drivers (2 yrs)
Do any receive special perks or incentives?
Not standard. Depending on the order and at the discretion of the owner.
Are they on contract?
3 permanent and all others on contract
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
Is there an option of renewal & what period?
What are the trading hours?
8am to 4:30pm (Monday to Friday) 8am to 2:00 (Saturday) Closed Sundays and Public holidays
Who is the Owner/Landlord?
Is a copy of the lease available?
Do you require a licence?
What lease deposit and/or other surety is required?
Lease deposit is required
What are the main assets of the business?
Equipment used in the general business of a takeaway
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Which assets are on lease/HP and with whom?
1. POS Printers from GAAP 2. Credit card machines from Nu Pay
Will Seller settle or Buyer to take over?
Seller will settle
Are copies of agreements available?
Are they presently insured?
The business is located in a very busy area of Pretoria with a lot of foot traffic. No direct competition exist.
The delivery structure can be improved
Joining Uber Eats.
What is the reason for the sale?
The owner has work and build up well on the business and will be pursuing new ventures.
Why is this a good business?
The kind of business that has the widest range of customer potential which gives one the added advantage to serve various different segment which means there is minimal low periods.
What is the price plus stock and the profit?
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Annual Turnover Amount between R 500 thousand and R 6 million