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Popular Restaurant In Melville For Sale

Melville, Gauteng, South Africa
Asking Price:
R795,000
Sales Revenue:
R1.5M - R3M
Cash Flow:
Available on request

An opportunity presents itself to buy a fully equipped and licensed restaurant in one of the world's trendiest suburbs; Melville.

Love Me So is a popular Asian-fusion restaurant specializing in Korean BBQ and ramen dishes. Notably, a vegetarian's delight.

From their flavorsome Ramen, Korean BBQ, Poke Bowls, Izakaya, fabulous cocktails and great wine list - there is scope to take over the existing brand and operations or to add your own flair and creative ideas to the mix.

There is street side seating with a beautiful balcony bar which is perfect for these summer nights in bustling Melville. Plenty of inside seating with booth for larger groups.

New lease will be signed with landlord for 3 or 5 year tenure.

This opportunity allows someone to buy a shop at a fraction of the price of setting up a new one along with taking over an existing liquor license rather than applying for one.

Available on request (pre-covid):

- Audited Financial Statements
- Income Statements
- Liquor License
- New lease with landlord to be signed

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

New lease to be negotiated directly with the landlord on a minimum 3 year basis.

Location:

The leafy residential suburb of Melville is one of the oldest in Johannesburg, characterised by old farmhouse style homes on almost every block and the most diverse high street in Johannesburg. The eclectic and constantly evolving high street is a direct result of Melville’s location, diversity of residents and the neighbouring universities.

Premises Details:

Beautiful character building on busy 4th Avenue in Melville located opposite the famous Picobella and next door to a florist and tattoo parlour.

Size in square feet:
180

Business Operation

Expansion Potential:

- Add functions
- Increase opening days
- Increase opening hours
- Open for breakfast

Reasons for selling:

Owner releasing capital to fund other ventures.

Employees:
Circa 10.
Years established:
3

Other Information

Support & training:

To be negotiated with the seller.

Contact Information

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