Established Franchise Biltong Store for Sale

SORRY FOLKS, THIS ONE IS NOW SOLD

Financial Information

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Current Annual Turnover:

+-R 1 800 000

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Assets / Office Equipment:

+-R350 000 to R400 000 (included in the asking price.

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Stock on Hand:

+- R50 000 (Excluded from the asking price)

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Rent & Lease Terms:

Premises is leased with an option to renew

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Vat registered:

Yes

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Franchise:

Part of an Established Group, with Franchisor approval of the new owner being required

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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

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Industry

Franchised Biltong Store

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Asking Price

R195 000 (excluding stock on hand)

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PROVINCE

Eastern Cape

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CITY

Port Elizabeth

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Premises Size:

The Business operates from a popular shopping centre, landord approval will be required. Store is more than sufficient for the current operations as well as future business growth

Hours of work:

Mon to Friday: 08h00 to 17h30 Sat: 08h00 to 14h00 Sun: Closed

Buyer Profile:

This business is ideally suited for a husband-and-wife team, a first time business owner or any entrepreneur who is looking be part of a franchise group in the Biltong retail market.

Growth Potential:

This business has an already established client base, thus expansion possibilities include the expanding the current client base even further, more aggressive marketing, expanding the business into other areas, increasing the product mix and the offering of a delivery service.

Reason for selling:

Relocation

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

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call

Grant – 073 556 0065

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email

grant@mnbrokers.co.za

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visit