Take Away at Entrance of busy mall for sale

A unique opportunity to own a take-away business has become available at the entrance of a busy mall. With high foot traffic and exposure to a large customer base, this is a prime location for a take-away business. This is a chance to take over an established business and make it your own. The sale includes all equipment and fixtures needed to run the business, making this an easy and low-risk opportunity to own your own business. Don’t miss out on this chance to own a take-away business at the entrance of a busy mall. Contact us today to learn more and take the first step towards ownership! #TakeAway #BusinessOpportunity #MallLocation #HighTraffic.

This business was previously known as a Fish and Chips, the current owner took it on himself to rebrand and relocate the store to add value. Already increasing the daily sales to an average of almost R800 per day via Mr D, cash and Card machine transactions. The Loyal staff who are full time employed add to the ever-growing success. This business is one of a kind in this busy Mall and perfectly situated at the entrance of Junction Mall.

The assets and signage are all new and therefore doesn’t need to be changed or replaced soon. Favorable rental from the Landlord, especially for a mall location is sealing the deal for this perfect opportunity to become a business owner.

The rule of thumb manner in which a business is valued, is to multiply the last year’s net profit before tax, (EBIDTA), that is earnings before Interest, Depreciation, Tax and Amortisation, by THREE (3), and this is called the P/E Ratio. Three would be adjusted either up or down, depending on the specific circumstances applicable to the particular business being valued. In this particular case, we are valuing the business based Assets(New only 4 months old), Location the average profit for a 12 month period based on Management accounts( Excluding first month of Trading)

Net Profit for 4 months= R 20,752 /4*12 equates to an Average of R 62,256 for a year