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Covid Proof Simply Asia Restaurent In Western Cape For Sale

Western Cape, South Africa
Asking Price:
R1.5M - R3M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3M - R8M
Cash Flow:
R500K - R1.5M

Well established Simply Asia restaurant and online take-away business in the Western Cape for sale.

In addition to Asian food, the restaurant has a thriving Sushi menu.

Established in 2012 and now a proven business, this successful franchise has an audited turnover in excess of R5million pa. Before AND during Covid it operated profitably, and hence is futureproof.

There are further opportunities for growth by extending its online offering in other parts in the franchise area.

It has 23 tables and seats 90 people, with a fully equipped kitchen.

Well trained, long-term staff assists in making this franchise profitable.

A long term lease also available.

You buy into a business that has its learning pains behind it. You simply take over the reigns and manage a well-oiled machine.

The business is in full compliance with all legal and financial regulations.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 year lease

Leasehold Rent:

R343,000 per annum

Location:

Main street, high visibility.

Premises Details:

Stand alone premises.

Planning Consent:

Yes

Business Operation

Expansion Potential:

New online outlets can be established in other areas of Paarl.

Competition / Market:

No competition in Asian Food section.

Reasons for selling:

Owners achieved their objectives in making this business successful. They had been trading for 8 years and is now looking at new opportunities.

Trading hours:

Mon to Sat 12h00 to 21hoo. Son 12h00 to 20h00

Employees:
13
Years established:
8

Other Information

Support & training:

All staff had been trained.

Furniture / Fixtures value:
R315,000 - included in the asking price
Inventory / Stock value:
R63,000 - included in the asking price

Contact Information

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