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  • Mandate: 33835
  • Added: 29 Jan 2020
  • AFS
  • 302

Very well established Branded Pizza shop In Pretoria East

Gauteng, Pretoria
302
Mandate 33835
Added 29 Jan 2020
R 1,440,000* ZAR
Stock: R 40,000
Assets: R 970,000
R 56,361 ZAR
Johan Mouton
Aldes Jacaranda
Gauteng, Centurion
Gauteng, Centurion
Summary

Well known ,top branded pizza shop for sale in Pretoria East ,with a establish client base,in a well known residential .

Very well established Branded Pizza shop  In Pretoria East
SELLING PRICE AFS
R 1,440,000* ZAR
Stock: R40,000
Assets: R970,000
R 56,361 ZAR
Summary

Well known ,top branded pizza shop for sale in Pretoria East ,with a establish client base,in a well known residential .

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
This Pizza business is a well known franchised brand. The sale consists of 50% delivery ,14% take a way and 36% sit in. The business trades in a well known and established residential area in Pretoria. The business was recently revamped

How long has the business been established?
This Branded business was established in 2003

How long has the owner had the business?
The current owner took over in 2003

Give a breakdown between sit-down, takeaways and deliveries
Sit In 36% Take a Way 14% Deliveries 50%

How does the business operate on a daily basis?
There are two managers, one opens while the other closes. Stock and prep work are done on site. The business has its own telesales system.

How are the clients attracted to the business?
Very well known Brand. Word of mouth and a established client base.

What Advertising/Marketing is carried out?
All marketing is carried out by the Head Office. Local store marketing is done on a smaller scale by the owners and management.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All on request

Are there up-to-date Management Accounts available?
Yes for 6 Months ending August 2019

What Balance Sheet and Income Statements are available?
Yes can be provided

What percentage of the business is cash/credit?
Mostly card sales. Cash at 30%

What is the total staff complement?
13 staff members in total

Give a breakdown of staff/ functions/ length of service?
Managers x 2 Drivers X 3 Kitchen and Cashiers x 8

Are they on contract?
Yes, according to labour laws

Do any have management potential?
The current managers has been in the business for a while, fully trained and in charge of the entire business operation.

How involved is the Owner in running the business?
The current owner has more than one business ,visits to the store once a week.

When does the current lease end?
The current lease ends in 2020

Is there an option of renewal & what period?
Option of renewal is for a further three years

What is the annual escalation %?
7% per annum

What are the trading hours?
From 10h00 to 22H00

Is a copy of the lease available?
Yes on request

What are the main assets of the business?
Equipment,Shopfitting and stock are the main assets of the business. The generators are included

What is their overall condition?
Basically New. In prime condition.

Do any require repairing?
No If any,will be repaired by the seller

How have they been valued ?
Owners value.

Which assets are on lease/HP and with whom?
None.

Are they presently insured?
Yes

Strengths?
Well known ,established franchised brand. The shop is based in a good residential area. Well known for its good service and quality food. Part of a good support system,as the franchisor is one of the biggest role players in the sector.

Weaknesses?
Local store marketing plan needs to be updated.

Opportunities?
Increase Number of Delivery Vehicles.

Threats?
None we can perceive

What is the reason for the sale?
The seller has other businesses ,he is scaling down his interest.

Why is this a good business?
Well established franchise brand. Well establish in a upmarket residential area.

What is the price plus stock and the profit?
Selling Price R1440 000 profit R60 000 pm

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FRANCHISE DETAILS

Aldes Jacaranda

2 members
20 active mandates
Gauteng , Centurion
14 Brook Crescent Midfield Estate Midstream Olifantsfontein
Centurion
0181

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