Very Profitable ChesanYama in busy sought after Mall for Sale.
This four and a half year old very profitable business, which has stood the test of time, is situated in the highly sought after Shopping Mall, which has a 10 year waiting list of shops wanting to locate there. The Mall also has a conglomerate of well known Brand stores, such as Edgars, Foschini’s, Pick n’Pay, etc., and all four big Banks. The Store’s actual location in the Mall, is also in a prime location, with a stea dy flow of people walking through and past the shop.
Chesanyama is a well known and popular Franchise Group, supporting their Franchise stores in marketing, training and other benefits. The present owners bought this store one and a half years ago for R1.65 million, plus the Franchisor’s fee of R100,000 but they have changed direction, and now need to sell the store.
The last year’s average monthly turnover was R270,000 at a Gross Profit of R137,000 and an average monthly Net Profit of R53,000. Despite it’s present success, there is still huge potential to grow sales, in the form of deliveries, marketing ( no marketing is being done at present, other than the Head Office Branding Marketing ), and other East Rand Opportunities.
PRICE: R1,5 million, plus Franchise Fee and Landlord’s Deposit.