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Franchised Mediterranean Restaurant - Profitable- Sunward Park For Sale

East Rand, Gauteng, South Africa
Asking Price:
R2,470,000
Sales Revenue:
R6,600,000
Cash Flow:
R900,000

PROFITABLE FRANCHISED RESTAURANT - SUNWARD PARK
SELLING PRICE: R2, 475, 000.00
TURNOVER: R550, 000.00 PM
NETT PROFIT: R75, 000 PM
Description: This successful and very profitable business has been newly and fully revamped re-vamped to Franchise specs. The restaurant is primely located in the East Rand and located in a busy, up-market Shopping Centre. It is an 80-seater restaurant, and has become a standout destination, for breakfast, lunch and supper. With a full
complement of well trained managers and staff, the new owner is ensured of far less hands-on involvement. An attractive bar area, together with a glowing wood-fired pizza oven and beautiful decor bring customers back time and time again. The menu caterers for most customer’s culinary preferences, making it a popular choice for regulars as well as for walk-in trade. This restaurant Franchise Group has a long and well established name in the Market. This outlet has a large list of customers, who are regularly invited for special and new events. The Asset Value is detailed and valued at R1.1million. The Franchise group was founded over 24 years ago and have become one of the trendiest restaurants in South Africa. With many years experience and knowledge in the pizza industry, this concept has grown from strength to strength and expanded, reaching many more valued patrons. Their wide selection of delicious Mediterranean meals makes it a preferred wholehearted family restaurant and coffee bar too. Customers love the laid-back vibe with pizza, pasta and craft beer coupled with order takeaways.

Property Information

Real Estate:

Lease

Location:

Sunward Park _ East rand