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ID: 147 Arrow MOSSEL BAY - FAST FOOD TAKEAWAY BUSINESS 4 SALE - CAPE GARDEN ROUTE
Financial Information
Price:  R 240,000  
Total Annual Sales:  R 360,000
Profit Before Tax:  R 120,000
Stock:  R 5,000
Assets:  R 50,000
ROI - Return on Investment:  50 %
Payback:  24 months
Category: Take Aways, Pubs, Restaurants
Province: The Western Cape
Total viewings : 356
Description
1.Business Description: This business is operated in a lower end market business hub of a coastal town in the Southern Cape. One person is employed to assist with the cooking and cleaning functions. There is seating available for 12 people in the shop. Entertainment is provided to customers, which includes a snooker table, and 6 gaming machines that are provided on consignment with a 40% share agreement. The business also provides lunch boxes to the local school for beach outings. 2.Product/service range: The business sells fish & chips, hamburgers, Russians, Gatsby's etc. to mainly a black and coloured clientele. The business was started by the current owner and is now 2 years old and has been run for 2 years. 3.Reason for Selling: The owner is forced to sell because of a serious medical condition which prevents him from standing. 4.Opportunities: The business can be substantially improved with some TLC, a face lift and by increasing their offer. These changes should increase the current income to above R20, 000pm 5.Skill level: This would be an ideal opportunity for someone retiring to the Cape Garden Route and who is looking for some additional income and another interest to keep them occupied. The new owner should have similar experience; however this is not essential as training will be provided. 6.Competition: None in vicinity. 7.Hours of work: Mon. to Thurs. 9 am to 7pm, Fri. 9am to 9pm, Sat. 9am to 8pm. Sun. closed. . 8.Location: Overheads are R6300pm. The business is located next to a supermarket, bottle store, civic center, supermarket, police station, welfare department, hotel, nightclub and library. Contact: Ken Maade 082 377 1824, for more details.
Business History
Business Operations
Reason for Sale
The owner has a medical condition which requires that he is off his feet.
Business Location
Area
 
Country
South Africa
 
 
Business Premises
Other Important Details
Business Broker Contact Details
Name
Kenneth Anthony Maade

Phone: 044 382 3496
Mobile:  082 377 1825
Fax: 086 519 1854

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