Established Fast Food (Health) Business for Sale in Port Elizabeth
Well established fast food business focusing on healthy meal options which are either collected or delivered to clients.

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.

Financial Information

Annual Turnover:

Newton Park Branch: +-R1 763 185 (Feb 2019)
Walmer Branch: +-R978 800 (Feb 2019

Adjusted Annual Net Profit (EBIDTA):

+-R429 782 (Both Stores)

Adjusted Annual Net Margin (EBIDTA):

+- 16% (Both Stores)

Current asset value:

+- R120 000 (Included in the asking price)

Stock on hand:

+-R15 000 for both branches (Not included in the asking price but the Seller is negotiable on this)

Rent per month:

R26 250 per month for both branches
(Newton Park: R11 200)
(Walmer: R15 000)

Vat registered:

No

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

BuSiness Information

Business Type

Fast Food (Health) Business

Asking Price

R 995 000

PROVINCE

Eastern Cape

CITY

Port Elizabeth
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Premises:

Both premises are leased with option to renew. Landlord approval of the new owner will be required.
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Trading Hours:

Monday to Friday: 08h00 to 16h30;
Saturday: 08h00 to 13h00;
Sunday: Closed
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Buyer Profile:

this is an extremely exciting opportunity for any entrepreneur who is looking for an opportunity that that’s full potential is begging to be unlocked, an existing business that is looking to expand its market or family looking for an easy to run, profitable and established business operation
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Reason for selling:

Other business interests / New business Venture

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.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070