Property Description
ABOUT THIS BUSINESS: Highly popular and profitable Fish & Chips franchise in Garden Route coastal town. No royalties on turnover – flat marketing and management monthly fee. Perfectly located in busy centre with 1000’s of feet daily.
OPERATIONS: Management.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R1,35m as a going concern/ zero VAT rate. (NOT NEG.)
STOCK EXCLUDED: R50,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,4m
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.6
ROI(RETURN OF INVESTMENT): 39%
MPB (MONTH’S PAY BACK): 31
ASSETS:
MARKET VALUE: R300,000.00
ASSET VALUE RATIO TO SELLING PRICE: 22%
PROFITABILITY:
ANNUAL TURNOVER: R3m
AVERAGE MONTHLY TURNOVER : R256,000
NET PROFIT (EBITDA) PER ANNUM: 528,000
NET PROFIT (EBITDA) PER MONTH: R44,000
