Fully describe the business's activities?
This business is a take away with a small roadhouse area. Serving pizzas, a quality product menu with real roadhouse hamburgers. Ideally located on the provincial road.. Deliveries being done to customers
How long has the business been established?
How long has the owner had the business?
The owner started the business
Give a breakdown between sit-down, takeaways and deliveries
40% Sit downs and 60% take aways. During the Lockdown it is mainly take aways.
How does the business operate on a daily basis?
The manager opens the shop in the mornings and the experienced personnel prepare the food for orders over the counter and sit down order received from the waiters. The manager / owner monitor the sales and manage the till.
How are the clients attracted to the business?
By word of mouth. A nice menu. The premises is visible from the Provincial road.
What Advertising/Marketing is carried out?
Facebook Whatsapp group
What competition exists?
A coffee shop is about 500m away near the retail shop.
What are the seasonal trends?
Stable turnover throughout the year
How did the Covid-19 pandemic impact the business turnover / daily operations?
The business was closed during hard lockdown , doing deliveries mainly and the business picked up nicely since.
What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Concentrated on deliveries when no counter sales could be done.
Is the business VAT Registered?
What VAT documentation is on file?
VAT Returns can be made available
Are there up-to-date Management Accounts available?
No financial statements are available.Owner keeps hand written records
What percentage of the business is cash/credit?
40% is cash and 60% paid by credit cards
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
A entertainment area to seat clients will improve business
Is Seller finance available and for what amount?
This can be negotiated with the seller
What is the total staff complement?
11 employees in total before lockdown. Currently reduced with 50%
Give a breakdown of staff/ functions/ length of service?
2x Pizza chefs 2x Head chefs 2xAssistant chefs 1x Cleaner 1x general assistant 3x Waiters (Part time)
Do any receive special perks or incentives?
Are they on contract?
No, staff are on a daily bases
Do any have management potential?
Yes , the General Assistant
How involved is the Owner in running the business?
The owner is at the business on a daily basis. He does the purchasing of the groceries.
When does the current lease end?
Is there an option of renewal & what period?
What are the trading hours?
Monday to Thursday 9h00 till 20h00 Fridays and Saterdays 9h00 till 21h00 Sundays 9h00 till 19h00
What is the square meters of the business?
+/- 100 sq m
Is a copy of the lease available?
Yes a copy can be made available upon request
Do you require a licence?
Yes for Liquor
What lease deposit and/or other surety is required?
One months rent
What are the main assets of the business?
Ovens,Fridges, Cold Room, Deep freeze, Pizza oven, Furniture, and ice cream machine
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
Currently busy to re-paint the walls.
How have they been valued ?
Market value supplied by owner
Which assets are on lease/HP and with whom?
Are they presently insured?
Quality food and services Wide range on menu Ice cream soft serve
Children play area with visibility
Deliveries to be expanded for orders Serving of Liquor
None were identified
What is the reason for the sale?
Owner wants to relocate
Why is this a good business?
This business has a steady income with loyal clients A very visible site and easy to reach . Growing potential
What is the price plus stock and the profit?
Price was R1 980 000 .Reduced to R1100 000
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