Profitable Well-established Take-away & Roadhouse
Pretoria - Centurion businesses for sale
Food/Hospitality businesses for sale
Refer to Broker
About this business for saleProfitable Well-established Take-away & Roadhouse
The profitable and established business is well known and operates as a non-franchise take-away & roadhouse in a major town in Mpumalanga.
The business has good visibility and located in the main road with a car and in store menu for the walking and passing trade.
Business has been operating for well over 20 years and with the present owner for 18 months who now wants to sell to peruse other interests.
The owner is not working in the business but with a Manager performing supervising the staff of 7, stock ordering and control, opening and closing daily and cash ups.
The Roadhouse has dedicated parking for 15 vehicles where customers can wait to be served and enjoy their meals.
The selling price of R460,000 plus VAT (if applicable) excludes stock to the value of +/- R30,000.
The business has a solid asset base estimated at R343,000.
Sellers Discretionary Earnings, also known as EBPITD (Earnings before Proprietors Compensation, Interest, Tax and Depreciation) is R31,000 pm, resulting in an excellent ROI of 76% and payback of only 16 months. Profit is after a Manager has been paid.
Business operates 6 days a week from 08h00 to 20h00 hours and is closed on Sundays.
Menus are wide covering burgers, toasted sandwiches, chips, rolls, chicken, fish, pork, ice creams and non alcoholic drinks.
The sale of the business is a very urgent matter for the owner.
It is an easy business to own and operate and will suit someone who wants to work in the business or have a manager to run the place.