Sectors / Category

Annual turnover

|
  • Mandate: 34193
  • Added: 11 Sep 2020
  • AFS
  • 279

Leading Pizza franchise

Gauteng, Other
279
Mandate 34193
Added 11 Sep 2020
R 2,075,000* ZAR
Stock: R 150,000
Assets: R 950,000
R 70,890 ZAR
Peter Kind
(PRINCIPAL)
Aldes Platinum
Gauteng, Midrand
Gauteng, Midrand
Summary

Pizza franchise in high traffic mall

SELLING PRICE AFS
R 2,075,000* ZAR
Stock: R150,000
Assets: R950,000
R 70,890 ZAR
Summary

Pizza franchise in high traffic mall

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

Fully describe the business's activities?
This is one of SA's leading pizza franchises operating in a busy mall. These pizzeria's (on average) record the highest sales per square metre in the industry.

How long has the business been established?
2017

How long has the owner had the business?
Since inception.

Give a breakdown between sit-down, takeaways and deliveries
Sit-down 30% Take-aways 70%

How does the business operate on a daily basis?
Standard pizza take-away store serving walk in clientele. The store is located in a high foot traffic area in the mall.

How are the clients attracted to the business?
Well known national brand. Store is located in busy mall.

What Advertising/Marketing is carried out?
National advertising and promotion campaigns are carried out by the Franchisor. Brand has strong market position.

What competition exists?
General competition between take-out businesses in the mall.

What are the seasonal trends?
Increased trade in summer months but the business trades well throughout the year.

How did the Covid-19 pandemic impact the business turnover / daily operations?
The business closed during April 2020 and re-opened during stage 4. The business is returning to normal trade.

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Social distancing is exercised as well as standard compliance.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Up to date.

What is the total staff complement?
14 staff includes 2 managers.

Give a breakdown of staff/ functions/ length of service?
Staff been with business since inception.

Are they on contract?
All staff on contract

Do any have management potential?
Management structure in place.

How involved is the Owner in running the business?
The owner has multiple stores and is not involved on a daily basis. An operations manager visits the store on a weekly basis.

When does the current lease end?
2022

Is there an option of renewal & what period?
Yes, 5 year renewal option.

What are the trading hours?
Mall trading hours.

What is the square meters of the business?
120 sqm

Is a copy of the lease available?
Yes

Do you require a licence?
All food licenses are in place.

What lease deposit and/or other surety is required?
2 months rental deposit required.

What are the main assets of the business?
Full asset list will be made available to qualified buyers.

What is their overall condition?
Good working order.

Are they presently insured?
All assets are comprehensively insured.

Strengths?
Leading national brand with strong market position.

Opportunities?
To do deliveries in surrounding areas.

What is the reason for the sale?
Owners are looking to consolidate their portfolio of businesses.

Why is this a good business?
Well established sort after pizza franchise being sold for less than the setup of a new store. A new store setup costs are in the excess of R2,5million.

What is the price plus stock and the profit?
R1 925 000-00 excluding R150 000-00 stock and R90 000 franchise joining fee.

Other listings by Peter
R 550KZAR
Added : 16 Sep 2020 1585
Yearly profit: R367,337
Gauteng
R 1.12MZAR
Added : 16 Sep 2020 388
Yearly profit: R491,100
Gauteng
R 600KZAR
Added : 31 Aug 2020 595
Yearly profit: R703,006
Gauteng
FRANCHISE DETAILS

Aldes Platinum

1 members
12 active mandates
Gauteng , Midrand
8 Baltoro Crescent Midstream Hill
Midrand
0157

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 3.10MZAR
Franchise
Added : 15 Sep 2020 110
Yearly profit: R1,191,095
Free State
R 2.56MZAR
Added : 18 Mar 2020 653
Yearly profit: R879,302
Gauteng
R 2.00MZAR
Added : 18 Mar 2020 714
Yearly profit: R648,000
Gauteng
R 1.10MZAR
Franchise
Added : 27 Feb 2020 2605
Yearly profit: R490,073
Gauteng
R 2.10MZAR
Franchise
Added : 30 Jan 2020 700
Profit*: R593,039 *(7 months)
Gauteng
R 1.90MZAR
Franchise
Added : 29 Jan 2020 1284
Yearly profit: R676,333
Gauteng
R 2.75MZAR
Franchise
Added : 22 Jan 2020 1839
Yearly profit: R772,364
Gauteng
R 1.20MZAR
Added : 13 Nov 2019 885
Profit*: R264,379 *(7 months)
Mpumalanga

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 570KZAR
Added : 22 Sep 2020 93
Yearly profit: R218,713
Gauteng
R 1.68MZAR
Added : 22 Sep 2020 179
Yearly profit: R744,072
Gauteng
R 550KZAR
Added : 16 Sep 2020 1585
Yearly profit: R367,337
Gauteng
R 1.12MZAR
Added : 16 Sep 2020 388
Yearly profit: R491,100
Gauteng
R 510KZAR
Added : 14 Sep 2020 326
Yearly profit: R196,085
Gauteng
R 1.45MZAR
Franchise
Added : 14 Sep 2020 1011
Profit*: R459,462 *(7 months)
Gauteng
R 160KZAR
Added : 4 Sep 2020 381
Yearly profit: R227,051
Gauteng
R 720KZAR
Added : 1 Sep 2020 209
Yearly profit: R304,974
Gauteng