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

Johannesburg, Gauteng, South Africa
Asking Price:
R35,000,000 Furniture / Fixtures included
Sales Revenue:
R80,000,000
Cash Flow:
R14,000,000

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS FOR SALE

PRICE: R 35 000 000

TURNOVER: R80 000 000 PER ANNUM

AVERAGE NET PROFIT: R 14M PER ANNUM

ROI: 30 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

Location:

Primely located in upmarket area

Premises Details:

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

Business Operation

Reasons for selling:

Seller has many other business interests

Employees:
60 Staff members
Years established:
Well established

Other Information

Support & training:

Full training will be provided as well as a lengthy handover period

Furniture / Fixtures value:
R30,000,000 - included in the asking price
Inventory / Stock value:
R1,600,000