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Established Family Restaurant In Northern Suburbs For Sale

Northern Suburbs, KwaZulu - Natal, South Africa
Asking Price:
R1,600,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

This family restaurant & takeaway was established in 1995.
Burgers, ribs, wraps, and toasted sandwiches with crispy chips are the big item sellers, with their curries being seriously delicious; Prego rolls and peri chickens done the Portuguese’s way, pizzas and breakfast fast becoming a regular meal on our local customers meal of choice.

LEASE: APRIL 2023 TO APRIL 2026
RENT INC VAT: R27 450

MONTHLY COSTS
ELECTRICITY: R15 000
GAS: R13 600
TELEPHONE: R4 000
STAFF PERMANENT: R53 654.50
STAFF CASUAL: R12 000
SECURITY: R610
INSURANCE: R2 000
DSTV - R1 200
ROACH MAN, PEST CONTROL, R800
GENERATOR DIESEL- LOAD SHEDDING - R1 000
TILL ROLLS - R700
GAAP - R4 300

TURNOVER - R371 680
GROSS PROFIT - R170 629
MONTHLY NET PROFIT - R50 000
SELLING PRICE: R1 600 000

Property Information

Real Estate:

Lease