Well known chicken franchise outlet for sale in a fast growing Western Cape town.

Well known chicken franchise outlet for sale in a fast growing Western Cape town.

Introduction:

• This franchise forms part of a well-known established franchise group and this group continues to open up new franchises in the Western Cape.
• The continued support of the franchise group is one of the reasons that the franchisees thrive and even through Covid survived and in some franchises even grew.
• The franchise fee is much less than other franchise groups which also contributes to the success of the franchisees.
• This specific franchise is strategically placed in this growing town and the owner has built a loyal clientele base with clients returning on a daily/weekly base.
• Chicken remains worldwide the first priority in purchasing affordable meat and the franchisor continually sources the best quality meat at the most affordable price.
• The lease on the property is in place and a buyer can negotiate a new lease with the landlord.
• The equipment in the shop is all in excellent condition and no outstanding amount is owed on the equipment.

Finances:

• Average annual turnover – R3,04 million
• Average COS – R2,27 million
• Average GP – R775,692- 25%
• Average NP (EBITDA) – R411,209 (13,5%)