Icon restaurant for sale on the Camps Bay strip. The store is part of a national brand and will be sold fully renovated. Currently, the store is management-run and has great scope for improvement and growth in revenue.
- Asking Price:
- R4,200,000 Furniture / Fixtures included
- Sales Revenue:
- R3M - R8M
- Cash Flow:
- R1.5M - R3M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 years with an option to extend.
- Living Accommodation:
-
n.a
- Location:
-
The store is located on busy Camps Bay strip.
- Premises Details:
-
The store is between 180m2 - 200m2
- Size in square feet:
- 180m2 - 200m2
Business Operation
- Expansion Potential:
-
The business is currently management operated and has great opportunity for expansion.
- Competition / Market:
-
n.a
- Reasons for selling:
-
Corporate Disposal
- Trading hours:
-
08h00 - 22h00 Monday - Sunday
- Employees:
- 17
- Years established:
- 30 Years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Linked to lease agreement.
Other Information
- Support & training:
-
Training and support will be fully provided on an ongoing basis.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
