Business For Sale,Businesses For Sale,Fried Chicken For Sale,Limpopo Business For Sale,Fast Food For Sale, Franchised, Bargain, Platteland
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Bargain Franchised Platteland Fried Chicken Outlet
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Your opportunity to pick up a bargain Franchised Fried Chicken business in the Platteland, established for nine months and in a prime position in the town, owners don't have the time to give it the attention it needs.


BUSINESS SELLING DETAILS

  Selling Price     220,000   Turn Over Per Month     134,847 
  Stock Included 20,000    Profit Per Month -265
  Assets Included  676,000   R.O.I %  -1%
  Total Price   220,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Fried chicken franchise involved in the preparation, cooking and selling of Fried Chicken on a daily basis
When was the business established? 2016
How long has the owner had the business? Ownwe started the business
 How Does The Business Operate
How does the business operate on a daily basis The business is staff run from opening, preparation, daily sales to ordering and closing
How are the clients attracted to the business? Quality of the product is of a high standard and the customers love the taste of the meals and great service from the staff
What Advertising/Marketing is carried out? On digital billboard in town
Marketing through monthly promotions
Distribution of pamphlets
Does the business have any contract work? Currently there is no contract work but this can be seen as an opportunity to grow the business when we can generate contracts
What competition exists? The normal competition in this market space
Seasonal Trends? There are no seasonal trends, however the menu items bought during the month differ from the beginning of the month to the end of the month.
 Financial Information
Vat Registered? Yes
Vat Documentation on File? All Vat documentation is on file and available
Management Accounts? Yes
Audited Financials? Not yet required
What as Cash/Credit Split? 95% Cash
Debtors Book Age Analisys There are no debtors
How can you improve the profitability? Sourcing product at a lower cost than currently being paid.
Operating longer hours with earlier opening and later closing times
Through weekly promotions and give aways
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? 5 People working 8 Hour shifts and 1 hour lunch
1 manager
Staff Breakdown Manage
Cook
Runner (Cleaner front part of restaurant and counter)
Staff Special Perks and Bonuses? The staff have a staff account where they get 20% discount, each staff member gets 5 days off a month
Are the staff on Contract? Yes
Does any of the staff have management potential? Yes, the current manager is opening and running the business for the last 6 months
How involved is the Owner in running the business? The owners are pretty much involved in all aspects of the business but die to their careers they can only spend 1 hour a day to the operation snecessary
  Premises Of the Business
When Does the Current Lease ends? 1 March 2017
Is there an option to renew? Yes for a period of three years
What is the annual escalation %  10%
What are the Trading Hours? 08:30-16:30 Mon to Fri
08:30-17:00 Sat
08:30-14:00 Only Last Sunday of the month
What is the square meters? 80m²
Is a copy of the lease available? Yes
Do You require a license? No
 Assets Of The Business
Full Asset List available?  Yes
 Anything not included in the sale?  No, everything is included
 What is condition of the assets  Good
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGTHS Location, Product, Staff friendliness, Loyal staff members, Support from Franchisor
 WEAKNESSES Quiet times during middle of month
 OPPORTUNITIES Extended Trading hours, Marketing and advertising, specials
 THREATS May not be safe closing too late at night
 Summary
Why is this a good business Well established , well run, well located business
Why is the owner selling it? Owners are too busy in their careers and personal lives to focus on the business


Business For Sale,Businesses For Sale,Fried Chicken For Sale,Limpopo Business For Sale,Fast Food For Sale, Franchised, Bargain, Platteland

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have viewed this page since 23 January 2017