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Popular Restaurant In Cape Town For Sale

Cape Town - Southern Suburbs, Western Cape, South Africa
Asking Price:
R4,550,000 Inventory / Stock included
Sales Revenue:
R6,200,000
Cash Flow:
R500K - R1.5M

A highly profitable, popular, and successful licensed restaurant with indoor and outdoor seating, set on a beautiful Cape Town-based farm with beautiful scenery is for sale.

Enormous growth opportunities will suit a couple wanting to start a substantial and well-run food operation.
Seating inside and in the garden with a play area for the kids.

Offers accepted from R4.550 million.

Property Information

Real Estate:

Lease

Lease Terms:

5 year with option

Leasehold Rent:

R516,000 per annum

Location:

Located on a farm in the Cape Town southern suburbs surrounded by its primary target market and well positioned to attract additional customers from secondary and tertiary markets.

Premises Details:

Fully fitted restaurant with two kitchens and spaciously laid out. Seating inside and in the garden with play area for the kids.

Business Operation

Expansion Potential:

The integrated food shop attracts a growing number of patrons and the home catering division has grown tremendously. Both the restaurant and the food shop continue to grow strongly and has potential to grow with a lot more with our current strategies in place.

Competition / Market:

Restaurants and coffee shops in the area.

Reasons for selling:

Owner retiring

Trading hours:

daytime only

Employees:
12
Years established:
4

Other Information

Support & training:

Work with buyer for period

Furniture / Fixtures value:
R1,400,000
Inventory / Stock value:
R45,000 - included in the asking price