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Listing ID: 2782408

Busy Takeaway in Industrial Area Just South of CBD For Sale

South Africa

R620,000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

This is a two in one business - A fully functional take away business focusing on home cooked meals and a catering company providing lunches, platters to events, conferences and businesses on a regular/contract basis. The catering side is in its infancy and presents a wonderful growth opportunity by targeting the many businesses in the area.

The owners purchased the business two years ago and set about doing a total cleanup and make over. They replaced suppliers and products that did not meet their standards, and obtained the appropriate trading licence.

Their motto is "if WE cannot eat, it we wont sell it". The Take Away has now built up a clientele base from as far as Selby and Johannesburg down-town that come and buy daily. They also do deliveries in surrounding areas, and have acquired a purpose built bicycle for this purpose. They are the only take-away doing deliveries in the area and the service is in great demand.

Their signature morning menu item is sold from 06h30 in the morning and delivered to businesses in the area, and regularly sells out all 350+ portions by 07h30.

They have tried and tested many dishes and have chosen those that their consumers enjoy to such an extent that they never forget which day their "Special of the Day" is being served, so much so that many clients pre-book this as well as to take home for dinner!

The business operates from 06h00 - 16h00 weekdays and 07h00 - 13h00 two Saturdays a month.

The owner has another business interest and wishes to devote his time to this. Both he and his wife work in the business and this business would suit a hands-on owner.

Sellers Discretionary Earnings from the business is R 555 980.00 per annum giving a payback of just over 13 months and a return on investment of 89%.

Price excludes VAT but transaction can be zero rated depending on purchaser's VAT status.

Please contact the listing broker for more information.
Ref: JSE00030
Timestamp: 20180217054543

Property Details

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