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Lucrative Restaurant/ Private Events Venue In Umhlanga For Sale

Umhlanga, KwaZulu - Natal, South Africa
Asking Price:
R1,650,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

"This is an Italian Wood Fired Restaurant, serving the most gustoso freshly prepared dishes using the finest and freshest ingredients, served by well trained, knowledgeable and passionate staff in contemporary, in an well maintained environment where the guest is at the centre of everything.
With exposed brick walls and lofty ceilings boasting a rustic yet chic and immersive modern setting which creates an ambiance of timeless elegance & comfort, ensuring each one an unforgettable experience for any occasion.
In addition to our regular walk in and bar services, we also accommodate in private events creating a memorable setting for your special occasion, including intimate gatherings, birthday
celebrations, engagement parties, corporate outings or brand events."


Size: 128.59m2
Rent Incl Storeroom & Parking: R22 491.68 pm(Ex VAT)
Lease Period: June 2025 expiry – new lease will apply
Rates & Taxes: R4 620.80pm
Electricity, Water & Sewer: R 15 990.45pm (Per Usage)
Op Costs: R3 750.00pm
Telephone: R2 056pm
Staff: 9 including manager – 6 years retail management experience
Wages / Salary: R33 847.00pm
Monthly Turnover: R216 930.25pm
Monthly Net Profit: R57 089.00pm
Selling Price: R1 650 000.00

Property Information

Real Estate:

Lease

Location:

Umhlanga

Size in square feet:
129

Business Operation

Employees:
9