An opportunity not to be overlooked if you are an enthusiastic, first time restaurant/takeaway owner.

This small, easy to run, fish & chips takeaway is a dream business to take on. Forced to sell due to personal finances and the unexpected Covid crisis, the current owner will be sad to see his investment go but is hoping to find an equally passionate buyer.

Features:

  • Situated on Miles Sharp Street in Benoni
  • Well laid out
  • Brand new equipment
  • No franchise fees
  • Independently owned
  • Simple sales recording system
  • Alarm system
  • Takeaways not yet linked with Mr D – potential for growth and an increase in turnover
  • Takeaway business has potential for franchising – fish & chips franchises are in demand
  • Addition of a delivery service WILL increase turnover

In detail –

Established March 2020, pre Covid

Employees: 3 staff members (2 temporary, 1 permanent) owner hands but can be manager run

Annual Wages: ~ estimated at R110 400 (currently R2 300/week)

Trading hours: Monday – Friday: 10:00 – 19:00, Saturday 10:00 – 14:00

Annual Revenue/Turnover: R60 000 & climbing – New store

Nett Annual Profit: TBC

Owner’s Takings:  TBC

Asset Value: R150 000 (included in Sale Price), asset list available on request.

Current Stock Value: R10 000 (included in Sale Price)

Lease Agreement: Buyer to sign new lease agreement. Lease is renewable. 5 months on current lease.

Rental: R12 500 per month (includes Rates/Bins) (Deposit required – 1 month)

Utilities: Electricity & Water (~R6 000/month)

Reason for Selling: The current owner is reluctant to sell after only opening 3 weeks before the national lockdown but personal cash flow has become a problem under the unexpected Covid setback.

Asking Price – R500 000

For more info call Bradley on 083 616 0673 or email bradley@biz2sell.co.za