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Licensed Day Trading Restaurant In Centurion For Sale

Centurion, Gauteng, South Africa
Asking Price:
R900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,500,000
Cash Flow:
R700,000

Catering to the corporate and private sector with VERY favorable hours in this industry.

Over and above the sit down trade this spot caters daily meals delivered within the corporate park – a consistent and almost effortless business stream.

The restaurant has a particularly good name in the area and a strong following of regulars.

60 seats indoors with an additional 45 seats outside – Al Fresco!

Well-equipped restaurant with a liquor license – walk in and start earning!!!

Location – Busy Corporate Park in Irene, Centurion
Annual Turnover – R2 500 000
Annual Net Profit – R700 000
Owners Takings – R30 000 – R80 000/month
Asset Value – R900 000
Stock Value – R20 000 (Included in selling price)
Non-Franchise
Staff – 8 experienced in all areas of the restaurant
Manager run. But owner is present
Operating hours – Monday – Friday - 7:30 – 17:30
Selling Price – R900 000 negotiable
R.O.I. % (Annual Profit divided by Selling price.) – 78%

Reason for Selling – Owners pursuing new business interests

Property Information

Real Estate:

Lease

Lease Terms:

5 years with option to renew for another 5 years.

Leasehold Rent:

R300,000 per annum

Location:

Corporate Office Park

Business Operation

Reasons for selling:

Owner is pursuing another business venture

Trading hours:

Monday-Friday: 7.30am-5.30pm.

Employees:
8
Years established:
10

Other Information

Support & training:

Full handover and training by owner

Furniture / Fixtures value:
R900,000 - included in the asking price
Inventory / Stock value:
R20,000 - included in the asking price

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