Fast Food - Garden Route
About this business for saleFast Food - Garden Route
This franchise fast food business was established in the Garden Route about 5 years ago and has been with the current owner for the past year and a half. The business has shown remarkable growth since the seller took ownership early 2009.
The business is located in a prime position on a very busy main road and signage is obvious with ample parking right in front of the business. The store has a neat look and is due to be revamped by end August 2011 which will cost about R200,000. They sell a very high quality product and only the best ingredients are used to prepare the food. The menu is changed twice per year by the franchisor.
The management team of this brand has seen the Food Franchise Industry experience some trying times due to unethical franchising and franchise companies not delivering on promises made to franchisees. One of their core beliefs is that, their franchise must provide the opportunity of acceptable return on investment for all stakeholders.
With this in mind the franchisor has a policy in place not to overextend a franchisee financially with inflated establishment costs, over priced "licensed" products, royalty payments with no franchisor support, and advertising royalty payments with little or no marketing done on any level.
This award winning franchise believes that profitable franchisees make a strong Franchise Company. They believe in transparency. They endeavour to maintain this approach from the commencement of the relationship throughout the period of the franchise agreement.
Their No.1 priority is franchisee profitability. This brand capitalises on the vast experience and knowledge that its management has to offer. Comprehensive site feasibility studies, state of the art investment in equipment, advanced food technology and an overall marketing driven approach keeps them 39 steps ahead of the rest. Their home delivery strategy is a world leader.
Currently, the owner is also acting as manager working with the assistance of an assistant manager. This business needs an entrepreneur who is prepared to spend time in the business to ensure all controls are in place. The business is easy to operate and manage and the buyer is not required to have any previous experience in the food industry to be able to operate this business.
This is the ideal opportunity for a vibrant energetic entrepreneur to get involved with a strong brand. It also offers a good investment opportunity for somebody who wants to only manage staff while not being involved in the daily trade and at the same time, earn a good return on investment.
+27 83 226 9017
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.