Profitable Food Business With Multiple Income Streams

This catering company is situated on the far East Rand, and has been trading for 10 years. It has multiple income streams, including…

A Take Away Store.

The take away has a liquor license.

It has outside and inside seating and does deliveries to the area on its well-known motor bike. it’s menu includes Toasted sandwiches, burgers, hotdogs, pizzas etc.

The Take away also offers platters for events or gatherings.

The business is fortunate as there are not many take away stores in the area. The Take away doubles as a head quarters for the Food Trailer Business.

Spit Braai & Catering

The Spit Braai and catering side of the business offers catering for corporate events, birthday parties, functions and even provides food parcels for stock takings.

This business has been owner run since inception with assistance from divisional managers. It is an independent business with no franchise costs.

Trading: The business trades 7 days a week, normally between 8AM and 8PM, however events and markets trade for the period of the event.

Staffing consists of 8 permanent employees and 6 casuals.

Current Equipment Value – R700,000.00 Replacement Value – R2,000,000.00

Weekly Stock R80,000.00  (included in Asking Price)

Included In Sale are 1 Vehicle, 1 Delivery Motor Bike, All catering and shop equipment.

Average Turnover –  R200,000.00

Owner Takings + Nett Profit – R50,000.00 to R60,000.00

Selling Price – R1,450 000.00

The business is well advertised, with good branding and signage. It is extremely well known.

The owner is retiring and wishing to travel, he is willing to work with a potential purchaser for a month, to show them all aspects of the business. He is also willing to have his telephone contract transferred so clientele can continue calling directly.

Possible Growth Opportunities, the business owns 3 food trailers, they average 2 markets per weekend, by increasing this to between 3 and 6 a weekend the divisions turnover will double. The take away is not using Mr Delivery or Uber eats at this time, and the liquor license allows for trade until 2AM, which is underutilised. The brand is well known at markets and fairs and has an established footprint in that market. The trailers could be utilised in the week, for a purchaser who found good locations. The current owner intended to add event décor to the product offering to increase the return per event.

Info will only be given on the signing of an NDA and proof of Funds.