Property Description
ABOUT THIS BUSINESS: Own a thriving fast foods outlet in South Africa’s scenic Garden Route! This turnkey fast-food enterprise, renowned for award-winning hotdogs and hamburgers like beef, cheesy chicken, and chilli lamb, features a prime retail location plus three mobile trailers. These units generate substantial profits at high-traffic events such as the Knysna Oyster Festival (July), Klein Karoo Nasionale Kunstefees (KKNK) in Oudtshoorn (March/April), George Old Car Show (February), Simola Hillclimb in Knysna (May), Ironman 70.3 in Mossel Bay (November), Plett Arts Festival (October), Knysna Speed Festival (October), Klein Karoo Klassique in Oudtshoorn (August), Matriekbaai in Mossel Bay (December), and the Dias Festival in Mossel Bay (February). With a loyal customer base, and popular take-out meals, this business offers diverse revenue streams in a tourist hotspot drawing millions annually. Benefit from full owner support, including training, marketing, and supply chain, with low overheads and high margins. Ideal for an owner-operator eager to tap into the booming Garden Route tourism market.
OPERATIONS: Owner managed with excellent, qualified staff.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased – High visibility.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R2,35m Including VAT (0% VAT rate) as a going concern.
STOCK VALUE: R20,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R2,357m
PROFITABILITY:
ANNUAL TURNOVER: +-R4m
AVERAGE MONTHLY TURNOVER : R356,000
NET PROFIT (EBITDA) PER ANNUM: R1,78m
NET PROFIT (EBITDA) PER MONTH: R148,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 1.3
ROI(RETURN OF INVESTMENT): 76%
MPB(MONTH’S PAY BACK): 16
ASSETS:
MARKET VALUE: R1,479m
ASSET VALUE RATIO TO SELLING PRICE: 62%