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Elegant Neighbourhood Restaurant With Loyal Established Customers For Sale

Durban North, KwaZulu - Natal, South Africa
Asking Price:
R1,300,000
Sales Revenue:
R4,800,000
Cash Flow:
R480,000

This charming and well-established restaurant, located in a tranquil and upmarket suburb, presents an exceptional opportunity for an owner-operator or investor looking to acquire a profitable hospitality business with a strong local reputation.

Renowned for its warm hospitality, excellent food, and attentive service, the restaurant has built a loyal customer base made up of business professionals, families, tourists, and sports enthusiasts alike.

The venue offers a cosy and inviting interior with a welcoming atmosphere that keeps patrons returning time and again. Recently re-trained staff provide classic, attentive service, ensuring a high-quality dining experience for guests. The restaurant features a diverse menu complemented by popular weekly specials, excellent coffee, a wide range of beverages, and much-loved Sunday roasts.

Situated in a safe area with ample free parking, the business enjoys consistent trade and excellent visibility within the community.

This is a true turnkey operation where a new owner can simply step in and continue trading seamlessly.

Property Information

Real Estate:

Lease

Lease Terms:

5-year lease

Leasehold Rent:

R552,000 per annum

Location:

This charming and well-established restaurant, located in a tranquil and upmarket suburb, presents an exceptional opportunity for an owner-operator or investor looking to acquire a profitable hospitality business with a strong local reputation.

Premises Details:

The venue offers a cosy and inviting interior and exterior with a welcoming atmosphere that keeps patrons returning time and again. Can seat up to 100 clientele.

Size in square feet:
180 sqm

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The restaurant offers excellent expansion potential within the busy hospitality market. Key growth opportunities include the installation of gambling machines to create an additional high-margin revenue stream and increase customer dwell time.

There is also strong potential to introduce a breakfast and morning trade, targeting the surrounding residential and business community with quality coffee, breakfast specials, and casual meeting space. Expanding and refining the menu can further broaden the venue’s appeal and increase repeat customers and average spend.

Increased social media marketing and brand awareness campaigns would significantly improve visibility, customer engagement, and event promotion. Additional growth can also be achieved through live entertainment, sports events and themed evenings.

Competition / Market:

A positive sales angle is the restaurant benefits from being in an established hospitality corridor where consumers already spend heavily on entertainment and dining. Rather than fighting isolated competition, it participates in a strong restaurant ecosystem that keeps the area busy throughout the week.

Reasons for selling:

Relocation

Trading hours:

Monday to Saturday 11h00 to 22h00 & Sunday 12h30 to 17h00

Employees:
10
Years established:
4

Other Information

Support & training:

Fully comprehensive handover and training period will be given.

Furniture / Fixtures value:
R580,000
Inventory / Stock value:
R50,000