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Annual turnover

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  • Mandate: 35035
  • Added: 06 Dec 2021
  • AFS
  • 420

Upcoming burger Franchise

Gauteng, Pretoria
420
Mandate 35035
Added 06 Dec 2021
R 420,000* ZAR
Stock: R 20,000
Assets: R 309,111
R 11,397 ZAR
Johan Mouton
Aldes Focus
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

This well known upcoming burger Franchise in Pretoria East are for sale

Upcoming burger Franchise
SELLING PRICE AFS
R 420,000* ZAR
Stock: R20,000
Assets: R309,111
R 11,397 ZAR
Summary

This well known upcoming burger Franchise in Pretoria East are for sale

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Fully describe the business's activities?
a South African take away franchise group ,established in 1989 and well known for their BIG BIG BURGERS . This franchise BURGERS has become somewhat of a LEGEND for its generous size and amazing flavour. For the last 32 phenomenal years the original local favourites include the legendary Beef or Chicken burger, the unique Sputnik, and of course the genuine SLAP CHIPS. The franchise also offer your favourite drinks including Slush Puppies, Coke Floats, Milkshakes (try our Peppermint Crisp Milkshake) and our new Big Brew Coffee.

How long has the owner had the business?
Current owner established the franchise is 2018

Give a breakdown between sit-down, takeaways and deliveries
Take a ways 60% Deliveries 40%

How does the business operate on a daily basis?
Manager run franchise

How are the clients attracted to the business?
Mostly word of mouth and Brand Marketing Website and local social media.

What are the seasonal trends?
Winter months show a increase of sales.

How did the Covid-19 pandemic impact the business turnover / daily operations?
Covid-19 dis have a impact on sales,but turnover show a normalizing tendency

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
Staff management and delivery services was introduced to increase sales

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Latest and up to date

Are there up-to-date Management Accounts available?
Up to the end of September 2021

What percentage of the business is cash/credit?
Mostly card payments.

How could the profitability of the business be improved?
A more hands on Owner,will improve sales and profitabillity

What is the total staff complement?
4 permanent staff 3 Temporary staff

Are they on contract?
Yes all staff is contracted as per labour law

How involved is the Owner in running the business?
Only part time.

Is there an option of renewal & what period?
Yes for 3 years

What is the annual escalation %?
7% per year

What are the trading hours?
10h00 to 22h00

What is the square meters of the business?
120 Square meters

Is a copy of the lease available?
Yes on request

What are the main assets of the business?
A complete asset list is available

What is their overall condition?
Well maintained and still brand new.

How have they been valued ?
Owners valued

Are they presently insured?
Yes.

Strengths?
Well established franchise brand, with 30 years plus trade support to franchisees. This franchise branch is established in a Higher income suburb with ample young families.

Weaknesses?
This branch needs a more hands on owner and a good local store marketing plan.

Threats?
Only economical.

What is the reason for the sale?
Current owner is moving to a other Province

Why is this a good business?
This is a well established Franchise brand with a growing market.

What is the price plus stock and the profit?
Selling price R400 000 Stock R20 000 Profit R71 621

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AGENCY DETAILS

Aldes Focus

6 members
59 mandates
Gauteng , Pretoria East
Menlyn Corporate Park - 4th Floor, Suite H2 175 Corobay Avenue Waterkloof Glen Pretoria , Pretoria East , Gauteng
Pretoria East
0081

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