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Prestigious Upper-Class Restaurant For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R3,200,000
Sales Revenue:
R5,691,483
Cash Flow:
R2,063,016

Are you looking to invest in a renowned culinary gem 100 meters from the ocean and an outlook point? Look no further!

This is an exceptional opportunity to become the owner of a state-of-the-art, upper-class restaurant renowned for its exquisite food and unparalleled dining experience.

Situated on the bustling main road of a famous seaside town, this restaurant boasts a prime location in serene and picturesque surroundings.

The restaurant has earned numerous accolades, consistently winning prestigious awards as the best in the area.
The business has a stable returning client base for the unique home-style food and the relaxing ambience supported by excellent service.

The client base continues to grow with the increase of international visitors to this popular area. It currently comprises 70% international and 30% local customers, with an average spend of R220.

This is an extraordinary investment opportunity for a discerning buyer seeking to own a restaurant with elegance, a prime location, and a stellar reputation.

The price excludes VAT and stock of ± R--- ---.

Business Operation

Reasons for selling:

Owners want to relocate

Trading hours:

Monday: Closed
Tue to Fri: 18:00 - Late
Sat: 12:00 - Late
Sun: 12:00 - Late

Employees:
3
Years established:
2017

Other Information

Support & training:

Owner will be available for handover period .

Inventory / Stock value:
R120,000