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Ocean Basket In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R2,200,000
Turnover:
R8M - R15M
Net Profit:
R500K - R1.5M

Our mission is to deliver the best seafood at great prices. We believe in sharing and
creating a sense of family. We do everything with a playful spirit and embrace our Mediterranean
passion for life. Generosity is at the core of everything we do, everyone is welcome. It is a
restaurant destination for diners seeking a quality, affordable meal in a relaxed environment.
Since the first store opened its doors in 1995, the brand has established itself as South Africa’s
favourite chain of seafood restaurants by successfully replicating the basic formula of simplicity,
value for money and the best seafood served piping hot. In addition to the best fish, prawn,
oysters, mussels and calamari, as fresh as it can be secured.

Property Information

Real Estate:

Lease

Lease Terms:

Until May 2027 renewal to be discussed

Leasehold Rent:

R876,000 per annum

Size in square feet:
323sq

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Other business interests

Trading hours:

Monday to Sunday: 11h00 – 20h30

Years established:
25 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Joining fee applicable

Other Information

Support & training:

To be provided