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Famous Steakhouse In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R3,500,000 Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This famous steakhouse is not just for lunch or dinner, it is a specialist dining experience designed to cater for people that want to enjoy being part of a family and a great community.

Whether you’re stopping in for a light starter or one of our famous pepper steaks, we guarantee only the finest quality meal, every time! This venue offers function facilities.

Size: 262m
Rental: R34 280.00pm Ex Vat
Total Seating: 125 Seats
Lease Period: Ends Dec 2023 with an option to renew for 3 years
Staff: 9
Wages/Salary:R63 000.00pm
Gas: R8 000pm
Water & Electricity: R24 000pm
Other Expenses: R14 386.00pm
Turnover: R700 000.00pm
Net Profit: R100 000.00pm
Selling Price: R3.5 million(includes Stock)

Property Information

Real Estate:




Business Operation