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Domino’s Pizza assets up for auction in South Africa - Domino’s Pizza belongings up for public sale in South Africa

Domino’s Pizza belongings up for public sale in South Africa

Park Village Auctions (PVA) has introduced that every one the belongings used for the Domino’s Pizza franchise in South Africa – together with meals preparation factories and 50 fully-equipped shops – are actually open to supply.

The sale comes following instruction from the joint provisional liquidators of Style Meals Franchising, Style Commissary and Style Meals Buying and selling, previously buying and selling as Domino’s Pizza in South Africa.

Style in March 2020 liquidated its meals enterprise, following the group’s failure to promote the Domino’s licence within the nation. Following the group’s transfer to exit the meals enterprise, it has registered to vary its identify to Luxe Holdings.

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The belongings on provide are for shops and their contents – not the Domino’s model licence, or branding rights.

PVA’s Andrew Dix-Peek says that the complete contents of the person pizza shops are to be bought full or mixture of tons, distributed throughout the 9 provinces as follows:

  • Japanese Cape: Port Elizabeth;
  • Free State: Bloem Royal Sq., Bloemfontein, Bayswater;
  • Gauteng: Alberton, Bellair, Blairgowrie, Boksburg, Brakpan, Bryanpark, Cherry Lane, Comaro Crossing, Faerie Glen, Florida Junction, Fourways, Inexperienced Valley, Hatfield, Montana, Les Marais, Pretoria (Church St), Randhart, Rock Cottage, Rynfield, Sasolburg, Springs, Sunninghill, Vanderbijlpark, Vereeniging, Waterkloof Glen, Waverley Wierda Park, Willow Manner, Wilrogate;
  •  KwaZulu Natal: Phoenix, Westville Athol Heights, Westville Church Road, Windemere;
  • Limpopo: Thornhill (Polokwane);
  • Mpumalanga: Middelburg, Midwater (Middelburg), Secunda, Silverwater Crossing, Witbank;
  • North West: Klerksdorp, Potchefstroom, Rustenburg;
  • Western Cape: Blue Downs, Brackenfell, Brighton Sq., Claremont, Fish Hoek, Flamingo Sq., Kloof, Milnerton, N1 Metropolis, Plumstead, Tygervalley.
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PVA stated that notable retailer contents embody pizza ovens; walk-in fridge and freezers; chrome steel under-counter fridges, racking, preparation tables, show stands, warmth racks, shelving, extractor canopies; checkout counters and level of gross sales; chairs and tables.

The preparation factories situated in Midrand, Cullinan, and Milnerton, are additionally to be bought in tons or in set combos.

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“The shops—totally geared up—stand able to commerce, permitting an investor to ‘hit the bottom operating’ within the present financial local weather the place meals for supply or assortment at the moment reigns over sit-down meals,” stated Dix-Peek.

He added that provides shut at 12h00 Wednesday on 5 August 2020.

Learn: South African eating places to protest lockdown guidelines this week

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