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Prime Well-known Upmarket Profitable Restaurant In Northern Suburbs For Sale

Sandton, Gauteng, South Africa
Asking Price:
R20,000,000 Furniture / Fixtures included
Sales Revenue:
R70,000,000
Cash Flow:
R10,000,000

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS

PRICE: R 20 000 000 (price reduced)

TURNOVER: R70 000 000M PER ANNUM

AVERAGE NET PROFIT: R 10M PER ANNUM

ROI: 24 months

DESCRIPTION: This is a very well-known and established restaurant. This restaurant has been designed by the country's 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. Many local celebrities frequent the restaurant due to its exceptional menu and fantastic vibe. There are simply no words to describe the incredible look and feel and the world-class cuisine.

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

Please reply for further info

Property Information

Real Estate:

Lease

Location:

Primely located in very busy shopping and business distrinct, busy during the day and in the evenings.

Premises Details:

The seller has negotiated a very good rental.
Amazing look and feel, professionally designed by top South African Interior designers.

Business Operation

Reasons for selling:

Seller has numerous other business interests.

Employees:
50 staff members
Years established:
2.5 years

Other Information

Support & training:

Full training will be provided along with a legnthy management handover.

Inventory / Stock value:
R300,000