This is a fantastic opportunity to become a part of one of the most established brands in the South African food industry. The Steers brand is where the Famous Brands Group of Companies started over a decade ago. Today, it is the largest food franchise group in South Africa.
These particular stores are a great opportunity to grow your passion for food. The current owner of the stores spends a combined 2 hours per week, at best at these stores, leaving it fully for management to run. The sales can be drastically improved upon as well as the wage amount brought down if an owner wishes to be more involved in the business.
Both Stores have recently undergone revamps thus the next upgrade is only due in 5 years.
Nett: R 70 000 - R78 000 per month per store
Asking Price starts at R 2 400 000 per store
- Purpose: For Sale
- Sale price: R2 400 000 - R2 700 000
- Asking Price: R2 400 000 - R2 700 000
- Sales Revenue: R6 000 000
- Net profit: R1 800 000