The product offering consist of sandwiches, platters, salads and light meals.
The business has an established well known and trusted brand which has generated a large regular supporting client base.
There are two branches and both of the branches are for sale.
The one branch is located in Newton Park while the other is located in Walmer. The Newton Park branch has been trading for 12 years while the Walmer branch was established 2 years ago. The second branch was opened as a result of customer demand and to service a wider area in Port Elizabeth. Both branches are owned by the Seller.
The Newton Park branch is run by the Seller while the Walmer branch is manager run.
This business presents an extremely exciting opportunity and is just waiting for an energetic entrepreneur to unlock its full potential.
Profitable, established growing and easy to run, this is a very rare opportunity not to be missed.
Walmer Branch: +-R978 800 (Feb 2019
Adjusted Annual Net Profit (EBIDTA):
Adjusted Annual Net Margin (EBIDTA):
Current asset value:
Stock on hand:
Rent per month:
(Newton Park: R11 200)
(Walmer: R15 000)
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
Saturday: 08h00 to 13h00;
Reason for selling:
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Grant – 073 556 0065
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070