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Established Restaurant In Hartbeespoort For Sale

Hartbeespoort, North - West, South Africa
Asking Price:
R8,500,000
Sales Revenue:
R3M - R8M
Cash Flow:
R1,500,000

This is a landmark business that is up for grabs.

This is an established restaurant that started trading in 1997.

The sale comes with the restaurant and the building on a large stand consisting of an extra motel which generates extra cash flow.

The sale includes slot machines that is highly profitable.

This business is situated on a grid that has no loadshedding.

Valuation on the building alone is R 5 500 000.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Staff quarters.

Location:

One of the best location in Hartbeespoort dam.

Premises Details:

The sale includes the building, motel, staff quarters and ample parking space.

Size in square feet:
3100m2 (Stand)
Planning Consent:

Commercial

Business Operation

Expansion Potential:

Menu can be expanded.

Competition / Market:

Other restaurants.

Reasons for selling:

Owner retiring

Trading hours:

Mon - Sat: 11:00 - 20:45
Sun: 11:00 - 19:00

Employees:
9
Years established:
27

Other Information

Support & training:

Training will be provided.