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Leading Pizzeria And Coffee Shop Franchise, Northcliff Area For Sale

Northcliff area, Gauteng
Asking Price:
R3M - R8M Furniture / Fixtures included
Sales Revenue:
R8,760,000
Cash Flow:
R200,000

This excellent Pizzeria and Coffee Shop sit-down and takeaway operation, has been open for the past 10 years, while the present owner has had the business for the past three and a half years. During this short period of time, he has managed to double the annual turnover, which is still growing slowly, month on month. The restaurant has a seating capacity for 70 pax, which accounts for 30% of the turnover, while the balance of 70% is split 50/50 between deliveries and takeaways. They have 3x of their own bikes and drivers to take care of the aforementioned deliveries, and are well located in a small shopping centre in the Northcliff area, very visible from the road and with lots of secure free parking. They have built up many regulars who visit the store very often as well as plenty of passing trade, and are not only known for their outstanding pizzas & pastas, but also for their Burgers, Steaks, Ribs, Calamari, Hake and Salads. This outstanding well run business is an excellent opportunity for a 'hands-on' Owner/operator to take into the future and continue with the current growth.
An opportunity not to be missed!!

Property information

Real Estate:

Lease

Location:

Well located in a suburban centre with lots of secure parking, ands very visible from the street. Including a covered outside deck with seating inside and outside for 70 pax in total.

Business Operation

Competition / Market:

There is no direct competition in the centre.

Reasons for selling:

The Owner is moving to the coast and opening another Franchise for the Group near the Town/Suburb he is planning to move to.

Trading hours:

The business is open 10am to 9pm Monday to Friday, and 10am to 7pm Saturdays and Sundays.

Employees:
They employ 19 staff in Total, including 4x waiters, kitchen staff and 3x Drivers.
Years established:
The business has an eleven year history with the present owner having had the store for the past three and a half years.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

All support and training will be supplied by the Franchisor who must approve the Purchaser before a Sale may take place, and a once off Joining Fee of R150k, plus Vat, will be due to the Franchisor on signature of a Franchise Agreement.

Furniture / Fixtures value:
R1,300,000 - included in the asking price
Inventory / Stock value:
R80,000

Contact Information

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