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Award Winning Restaurant With Property For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R22,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8M - R15M
Cash Flow:
R3M - R8M

On offer is one of Cape Town’s top fine-dining restaurants, together with the purpose-built property that houses this award-winning establishment. The owner is selling the going concern and the property as a simultaneous package.

This award-winning Cape Town restaurant is ideally suited to buyers with a background similar to the current owner - a master chef and astute businessman - or to a chef who will manage day-to-day operations backed by an investor seeking exposure to a highly desirable commercial property in the lucrative Cape Town market.

The restaurant’s ambience, refined over decades, meets Michelin-standard expectations and offers strong potential for an accomplished chef.

The property also holds potential for further development.

Property Information

Real Estate:

Real Property Included

Size in square feet:
565 sqm plot with 362 sqm retail area
Planning Consent:

Fully compliant in terms of zoning, licenses, plans, etc.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The owner is retiring.

Employees:
20

Other Information

Support & training:

Included.

Inventory / Stock value:
R100,000 - included in the asking price