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Prime Upmarket Restaurant In Bedfordview For Sale

Bedfordview, Gauteng, South Africa
Asking Price:
R2,750,000 Furniture / Fixtures included
Sales Revenue:
R14,000,000
Cash Flow:
R3,000,000

PRIME UPMARKET RESTAURANT IN BEDFORDVIEW FOR SALE

PRICE: R 2 750 000 000 PRICE REDUCED

TURNOVER: R13 000 000M PER ANNUM

AVERAGE NET PROFIT: R 1.4M PER ANNUM++

ROI: 24 months!!

DESCRIPTION: This is a very well-known and established restaurant. This restaurant has been designed by top designers, no expense has been spared. There is a large and loyal up-market customer base. There is fantastic management in place and the staff are well trained and excellent. The art work in the restaurant is valued at R500k plus. The menu is exceptional menu and the vibe is fantastic. There are simply no words to describe the incredible look and feel and the world-class cuisine.

There is a dedicated area for functions and events, as well as a seperate smaller private function area. The restaurant was voted best restaurant in it category for 3 years. In addition the rental is very low!!

TRAINING: Full training is provided, including a management handover.

Please reply for further info

Property Information

Real Estate:

Lease

Location:

VERY WELL LOCATED IN UPMARKET BEDFORDVIEW

Business Operation

Expansion Potential:

HUGE POTENTIAL TO INCREASE EVENTS

Competition / Market:

RENTAL IS EXCEPTIONALLY LOW!

Reasons for selling:

OTHER INTERESTS

Employees:
20 STAFF
Years established:
VERY WELL ESTABLISHED

Other Information

Support & training:

FULL TRAINING AND MANAGEMENT HANDOVER

Inventory / Stock value:
R150,000