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Prime Italian Style Restaurant In Randpark Ridge For Sale

Randparkridge, Gauteng, South Africa
Asking Price:
R5,000,000 Furniture / Fixtures included
Turnover:
R8M - R15M
Net Profit:
R1.5M - R3M

PRIME ITALIAN STYLE RESTAURANT IN RANDPARK RIDGE

SELLING PRICE: R5 000 000 (OFFERS FROM R4M)

NET PROFIT: R130 000++ PER MONTH

DESCRIPTION: This magnificent Italian style restaurant, previously part of a huge franchised group has a gorgeous look and feel with no expense spared for the furniture, fittings and equipment. The restaurant is in a densely populated high LSM area. The restaurant boasts excellent reviews. Many large corporates utilise their facilities for year end functions and events throughout the year.
The business is very well established and popular with a large and loyal customer base. There is huge potential for deliveries.

REASON FOR SELLING: The seller has another large business in a different industry and does not have time.

TRAINING: Full training will be provided

Property Information

Real Estate:

Lease

Location:

PRIMELY LOCATED IN MEDIUM TO HIGH LSM AREA

Business Operation

Reasons for selling:

SELLER HAS A BUSINESS IN A DIFFERENT INDUSTRY

Employees:
14 STAFF MEMBERS

Other Information

Support & training:

FULL TRAINING WILL BE PROVIDED

Inventory / Stock value:
R80,000