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Established Greek Cuisine Restaurant In Fourways For Sale

Fourways, Gauteng, South Africa
Asking Price:
R500K - R1.5M Furniture / Fixtures included
Sales Revenue:
R500K - R1.5M
Cash Flow:
Under R100K

We are an established Greek restaurant, specializing in authentic Greek cuisine. Having started from scratch three years ago, we've consistently grown our turnover year after year.

With a full liquor license, our dedicated customer base comprises 60% takeaway and 40% sit-down patrons, with a food-to-alcohol sales ratio of 90% to 10%. Our team consists of 8 staff members, including a seasoned manager, and an impressive 80% of them have been part of our journey since day one.

Operating under the Fournews brand, Soul Souvlaki is a franchise with a modest 2% marketing fee and 5% royalties.

Head office takes care of menu development and marketing, making the business easy to run with low stock holding.

Our food costs are at an efficient 42%,

Property Information

Real Estate:

Lease

Location:

Fourways

Premises Details:

Broadacres shopping centre

Size in square feet:
120

Business Operation

Competition / Market:

No competition in the area

Reasons for selling:

Relocating to Cape Town

Trading hours:

11:00 to 19:00 Sunday and Monday
11:00 to 20:00 Tuesdays to Thursday
11:00 to 21:00 Friday and Saturday

Employees:
8
Years established:
3

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

2% marketing
5% royalties

Other Information

Support & training:

Yes

Financing available:

No

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R60,000