Franchised Mediterranean restaurant with an ROI of only 25 months! Restaurant needs no repairs and has been recently renovated. This store has been operating and remained very profitable consistently since 2018! There is still a great deal of potential for a new owner to partner with schools and local businesses to increase the profits quite easily. Established franchise, history of profitability, and great potential for the business to go even further. Fantastic opportunity!
- Asking Price:
- R2,750,000 Furniture / Fixtures included
- Sales Revenue:
- R1,320,000
- Cash Flow:
- R100K - R500K
Property Information
- Real Estate:
-
Lease
- Location:
-
Located next to one of busiest Pick n Pay's in Gauteng! 24/7 security and in a large, modern center.
- Premises Details:
-
359sqm plus an outdoor & indoor patio!
- Size in square feet:
- 359 plus inside and outside patio
Business Operation
- Expansion Potential:
-
Very easy to make more money as the South remains very affluent. More marketing, partnerships with schools and local businesses, and a hands on owner will easily net the next owner more money.
- Competition / Market:
-
Area is fully developed so no competition will enter the market. Store has been open for 7 years so the customer base is extremely strong with little to no risk of a reduction in turnover. Competition is reviewed poorly as they use undesirable, cheap ingredients and their stores lack ambiance.
- Reasons for selling:
-
Owner is immigrating
- Trading hours:
-
M-Su 8-9
- Employees:
- 16
- Years established:
- 7
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Fully training and ongoing support provided by head office.
