This is a once-in-a-lifetime opportunity for the right restaurateur. The owner of this well-known, very lucrative restaurant has decided to retire and hand over the reins to someone who would like to continue his legacy.
This licensed establishment is very well known in Bloemfontein and has been in existence for many a year. It has a large loyal customer base and is situated in a very busy and vibrant part of town in an extremely sought-after area where there are a lot of feet.
PLEASE TAKE NOTE OF THE FOLLOWING BEFORE APPLYING:
1. No information will be provided without the submission of a comprehensive NDA
2. Proof of funds will be required
3. Must have experience in the industry to be approved by the landlord regarding the transfer
of the lease agreement
Note that no exceptions will be made regarding the abovementioned!!!!
Financial Snapshot:
(These figures have been compiled by the last 6 months' managed accounts)
1. Annual Sales - R16 500 000-00
2. Cost of Sales - R 7 900 000-00
3. Gross Profit % - 52%
4. Net Profit % - 19%
5. Net profit - R3 mil
6. ROI - 51% (Payback period - less than 2 years)
If you have what it takes, and meet the requirements, contact us today as this opportunity will not last long!!
NS: All images used in the advertisement are generic to protect the identity of the restaurant but provide a good idea of what to expect.
