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Asian Restaurant In Pretoria For Sale

Pretoria, Gauteng
Asking Price:
R1,900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R6,000,000
Cash Flow:
R3M - R8M

Located in 1 of the most sought after malls in Brooklyn, Pretoria
3 year track record of good performance
Experienced staff and management running the day-to-day operations
In the Top 10 performing restaurants in the Franchise group
Owner wants to sell as he has relocated to Durban

Property information

Real Estate:

Lease

Lease Terms:

2 years remaining on lease

Leasehold Rent:

R620,000 per annum

Location:

Situated in a prime Pretoria mall

Premises Details:

140sm situated amongst other popular restaurants

Business Operation

Expansion Potential:

Opportunities exist for catering of events and business functions

Competition / Market:

Situated amongst other popular restaurants

Reasons for selling:

The owner has relocated to Durban

Trading hours:

Sunday to Thursday: 11am to 9pm
Friday and Saturday: 11am to 10pm

Employees:
20
Years established:
3 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

A new 5 year franchise agreement will need to signed.
Royalties are 7% of turnover per month
Marketing fees are 3% of turnover per month

Other Information

Support & training:

Training offerred by Franchise.
Owner prepared to assist for a 3 month hand-over period

Furniture / Fixtures value:
R1,700,000 - included in the asking price
Inventory / Stock value:
R40,000 - included in the asking price
Website:
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