This is a once-in-a-lifetime opportunity for the right restauranteur. 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 may be required
3. Must have experience in the industry to be approved by the landlord regarding the transfer
of the lease agreement
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: Rs. 7,900,000
3. Gross Profit percentage: 52%
4. Net Profit %: 19%
5. Net profit: R3 million
6. ROI: 61% (Payback period: 1 year and 7 months)
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.
