Pizza Franchise On Terms For Sale
|
Pizza Franchise On Terms For Sale
Bookmark and Share

Business For Sale

BUSINESS FOR SALE OVERVIEW

Pizza Franchise For SaleGet A Slice Of A Pizza Franchise In Bela Bela. This brand is a good value proposition and well known. It is Manager Run, so you can have this as an arm’s length business like the current owner that stays 2 hours away. Or you can enjoy the town’s lifestyle, add the personal touch and push up the profits. All this can be yours with a deposit as down payment and the balance on terms over 12 months. One doesn't get these opportunities often, so you know you can‘t delay. Seller will also consider terms.



Fitment Centre For SaleSELLING DETAILS

Selling Price

318,000

Turnover pm

113,632

Stock

12,000

Profit pm

8,915

Total Asking Price

330,000

Nett Assets Included

91,551














MANDATE REPORT

 

1. History Background

Fully describe the business's activities

Get A Slice Of A Pizza Franchise In Bela Bela.  This brand is a good value proposition and well known.  It is Manager Run, so you can have this as an arm’s length business like the current owner that stays 2 hours away.  Or you can enjoy the town’s lifestyle, add the personal touch and push up the profits.  All this can be yours with a deposit as down payment and the balance on terms over 12 months.  One doesn’t get these opportunities often, so you know you can‘t delay.  The seller is willing to take a deposit of R250, 000 and the balance over a negotiated period.  (Joining fee of R75.000 excluding VAT is required.)

How long has the business been established?

The Franchise pizza store was opened in July 2012.

How long has the owner had the business?

Started the franchise in July 2012.

2. Present Market

How does the business operate on  a daily basis

There is a manager that operates the business.  The owner is on site once a month. He works and lives in Polokwane. They have very well established management systems in place that helps the owner to manage the business from site

How are the clients attracted to the business

This pizza brand creates a superior quality and tasting pizza, with a delivery service that is the bench mark in the pizza industry. In today’s markets and industry the consumer has become accustomed to services and comforts of a quality product. They are definitely the example in the industry. One may say the standard are high, but being involved in your business and the group does bring the biggest of This rewards one may request in any Business.

What Advertising/Marketing is carried out

As part of the Royalties payable on a monthly basis, are used to market the brand in total. National advertising is carried out by the Franchisor.  Additional to the National Advertising, Pamphlets are Distributed in the trade area.

Does the business have any contract work

No, this is a cash operated business

What competition exists

There is competition in the area, but the location of the store and its brand give this store a competitive advantage.

What are the seasonal trends

The business starts of slower in the first month of the year but reaches it peak trade at year end.  There sales are good in winter months. The business show constant good sales.

3. Financial

Is the business VAT Registered

No

What VAT documentation is on file?

No

Are there up to date management accounts?

Yes .ending 31 August 2013.

What audited financials are available, income statement and or balance sheets?

Yes Ending 31 August 2013

What percentage of the business is cash/credit?

Credit cards =60%.

Cash=40%

What is the age analysis of the debtor’s book?

A cash business. No debtors book

How could the profitability of the business be improved?

With a new marketing plan and more pamphlet distribution the business will improve

Is Seller finance available and for what amount?

YES: a Deposit of R250 000.000 with the outstanding balance to be negotiated

4. Staffing

What is the total staff complement?

Total staff=8 perm

                  

Staff Breakdown and length of service

1 x Manager, 2 x Cashier, 5 x Kitchen Staff.

Do any receive special perks, bonuses or incentives?

No, Only Bonus At Year End.

Are they on contract?

Staff are contracted

Do any have management potential?

Yes, there is a manager that currently manages the Business.

How involved  is the Owner in running the business

The owner is there once a month for a few hours.

5. Premises

When does the current lease end?

There is a lease in place.

The new lease was signed July 2012 for 5 years, thus until 2017

Is there an option of renewal & what period

Yes. A rental deposit of R10 000 is required.

What is the annual escalation %?

8 % per year

What are the trading hours?

Mondays to Sundays from 10h00 to 20h00,

 

What is the square meter age of the business?

100 m²

Is a copy of the lease available?

Yes on request

Do you require a licence?

Only a business licence.

6. Assets

Is a full asset list on file?

Yes.

Are any items not included in the sale?

Yes all assets are included in sale.

What is their overall condition?

Good condition

Do any require repairing?

No

How have they been valued?

Replacement

Which assets are on lease/HP and with whom?

None

What are their settlement amounts?

No

Will Seller settle or Buyer to take over?

N0

Are copies of agreements available?

n/a

Are they presently insured?

Yes

7. S.W.O.T. Analysis

Strengths

This Pizza brand offers the owner a very good location and a good working client base as well as a well-known brand.

Weaknesses

Not enough marketing.  With a good local store marketing plan, this store will show growth

Opportunities

Not enough marketing.  With a good local store marketing plan, this store will show growth

Threats

Not enough marketing.  With a good local store marketing plan, this store will show growth

8. Reason For Sale

What is the reason for the sale?

The owner current employer offered him a better position but he needs to move to other province.

9. Conclusion

Why is this good business to buy?

Well known brand, good staff, well positioned. A buyer can make a deposit of R250 000 and pay of the rest at negotiated terms.



 

Business For Sale, Franchise For Sale,Pizza Franchise For Sale, Business On Terms For Sale

Reference - R131106
 


 -oOo-

Find us on Google+
Want to KNOW more?

Do you want more information? We will not disclose business names, specific location or financials unless this step is done. Would you want us to pass your information to someone we haven't got this information from? Please download the Buyers Profile, print it, sign it and FAX back, or scan it and email it back.

Click me to download a Buyers Profile!

Contact Us

eMail Frank@bizxchange.co.za
Do remember to check your spam folder if you do not get an response email and add us to your white list.


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

Fax 086-671-3618


Stay in touch, REGISTER and be the first to know about new businesses. Even better - install our TOOLBAR and get information on the go!


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: 88
Members Members: 0
Total Total: 88

What out Clients Say


Dankie vir die diens gelewer. - Johan



Ons het ‘n fantastiese vergadering vandag gehad. Dankie dat jy vandag saam gegaan het om die dinge saam te vat - Aubrey


Baie baie dankie vir alles vir die jare se diens wonderlike bystand hulp en liefde - Ursula & TJ.


What Our Clients Say

It was great meeting you today,
and I was very relieved to find
you understand our business and
 situation. - Liz




I enjoyed speaking to you
as your business knowledge
 is exemplary and 
          enlightening. - Jade 



Thanks for all your help
and assistance and advise
 so far. - Terry




"..thank you for your exceptional service and always ethical and honest advice" - Dan


Thanks for all the assistance. -  Donja



Thanx a million! - Ivette

..and thank you for your patience Frank!" - Lara

Thank you Johan, u did a good job  - Cenzia



Johan.."Ek sal jou enige tyd aanbeveel aan ander mense wat van jou diens kan gebruik maak" Bettie






"Baie dankie vir al jou hulp en bystand sover" - Frans

Baie dankie vir jou hulp en moeite, dit was baie vinnig en maklik. - Nicolene


Disclaimer
BizXchange shall in no way be held responsible for any eventualities arising from the use of the information provided. All information has been supplied in good faith by BizXchange who make no representation to its accuracy, leaving it up to the receiver to do the necessary verification.
Counter
Buyers
have viewed this page since 11 December 2013