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Highly Profitable Restaurant And Functions Venue For Sale

Blouberg Area, Western Cape, South Africa
Asking Price:
R6,500,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
R8M - R15M
Net Profit:
On request

This business was founded in 2013 and has evolved into a robust and profitable Enterprise, built on 3 key revenue pillars.
A highly regarded core restaurant, private functions and venue hire hosting unique and memorable experiences.
Renowned for its exceptional sourdough pizzas, authentic curries and seasonal menus.
It is a social and community anchor with strong leadership and loyal clientele which has made it a stand out operation in the local hospitality scene.
The restaurant operates as a Cafe in the mornings and transitions into a full service dining and event venue.
With a team of 20 trained and reliable staff.
The business nets R180 000pm. Asking price R6.5M.

Property Information

Real Estate:

Lease

Lease Terms:

8 years 40,000 PM

Location:

Sunningdale/ Blouberg

Business Operation

Management type:
This business is owner operated.
Competition / Market:

Nil

Employees:
20
Years established:
15

Other Information

Support & training:

Full

Furniture / Fixtures value:
R35,000 - included in the asking price
Inventory / Stock value:
R25,000 - included in the asking price