business for sale,businesses for sale,take away for sale,gauteng business for sale
|
Niche Franchised Take Away
Bookmark and Share

Business For Sale


BUSINESS FOR SALE OVERVIEW


Niche franchised Take Away in busy area with great scope to expand the business with some owner involvement, current owner not involved


BUSINESS SELLING DETAILS

  Selling Price   250,000   Turn Over Per Month     73,568 
  Stock Included 10,000    Profit Per Month 8,563
  Assets Included  100,000   R.O.I %  41%
  Total Price   250,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  Niche franchised Take Away in busy area with great scope to expand the business with some owner involvement, current owner not involved
When was the business established? Around 10 years
How long has the owner had the business? Around 7 years
 How Does The Business Operate
How does the business operate on a daily basis The staff basically run the business with minimum owner oversight, the seller however recommends that the new owner be hands on in the business to get the maximum benefit.
How are the clients attracted to the business? A very well established brand draws the clients and then word of mouth
What Advertising/Marketing is carried out? None
Does the business have any contract work? No
What competition exists? There is no competition in the area for the businesses products
Seasonal Trends? Winter are the busiest months and the business currently closes from the 20th December to the 7th January
 Financial Information
Vat Registered? Yes, but is in group that has multiple businesses in the all fall under the company, hence no business specific Vat returns.
Vat Documentation on File? Part of a larger group, no business specific returns
Management Accounts?  Yes
Audited Financials? None, part of a larger group
What as Cash/Credit Split? Cash 40%
Card 60%
Debtors Book Age Analisys None, there are no debtors
How can you improve the profitability? With a owner that is directly involved in the day to day running of the business, focus can be given to marketing the business to the surrounding industry and other businesses.
Then it would make sense to employ a runner that can also go around and seller product from a basket.
 Is Seller Finance available and if so what is it? No
   Staffing Of the Business
What is the total number of Staff? 3
Staff Breakdown 3 x Kitchen staff handling all the prep and cooking.
The buyer will do the cashier themselves or need to budget for a cashier, not budgeted in these expenses
Staff Special Perks and Bonuses? None but the owner will try and make a small performance bonus available if the business did well in the year
Are the staff on Contract? Yes employment contracts in place
Does any of the staff have management potential? No
How involved is the Owner in running the business? Daily oversight but no direct involvement in the day to day running of the business.
  Premises Of the Business
When Does the Current Lease ends? November 2017
Is there an option to renew? Yes for up to 3 years
What is the annual escalation % Negotiable every year
What are the Trading Hours? 09:00-18:00 Mon-Fri
09:00-15:00 Sat
The hours could be shortened by one hour in the sellers opinion
What is the square meters? 72m²
Is a copy of the lease available? Yes
Do You require a license? Only the normal required for a food business
 Assets Of The Business
Full Asset List available? Seller will draw up, approximately R100,000
Includes a brand new generator
 Anything not included in the sale? Display cabinet (dresser) in the front of the business
 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
 STRENGHTS Well established brand, set established customer base, central to the surrounding businesses and industrial areas, Great product with good value for money
 WEAKNESSES Owner is not personally involved in the business on a daily basis, not good at marketing
 OPPORTUNITIES Better marketing, there is a wealth of customer within five kilometre radius that are not being served or reached on a daily basis.
 THREATS None identified
 Summary
Why is this a good business Well established , well run, well located business
Why is the owner selling it? Owner is looking to retire and also cannot spend the time required in the business


business for sale,businesses for sale,take away for sale,gauteng business for sale

Find us on Google+
Contact Us
frank@bizxchange.co.za
Do remember to check your spam folder if you do not get a response email and add us to your white list.

 +27-83-309-8655
We are expecting your call

Business Buyers
Membership Membership:
Latest New User Latest: rosemary samuel
Past 24 Hours Past 24 Hours: 0
Prev. 24 Hours Prev. 24 Hours: 0
User Count Overall: 4437

People Online People Online:
Visitors Visitors: 45
Members Members: 0
Total Total: 45

What out Clients Say
SA Topsites ::
Buyers
have viewed this page since 22 July 2017