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

Johannesburg, Gauteng, South Africa
Asking Price:
R30,000,000 Inventory / Stock included
Sales Revenue:
R15M - R100M
Cash Flow:
R8M - R15M

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS

PRICE: R 25 000 000 (price reduced)

TURNOVER: R80 000 000M PER ANNUM

AVERAGE NET PROFIT: R 14M 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

Lease Terms:

6 YEARS

Location:

PRIMELY LOCATED IN AN UPMARKET AREA!

Premises Details:

Amazing look and feel, professionally designed by top South African Interior designers

Business Operation

Reasons for selling:

Other business interests!

Years established:
WELL ESTABLISHED

Other Information

Support & training:

Full training is provided, including a lengthy management handover.