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

Sandton, Gauteng, South Africa
Asking Price:
R9,500,000 Furniture / Fixtures included
Sales Revenue:
R28,000,000
Cash Flow:
R3,800,000

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS

PRICE: R 9 500 000 NEGOTIABLE

TURNOVER: R28 000 000 PER ANNUM

AVERAGE NET PROFIT: R 3.8 M PER ANNUM

ROI: 30 months

Description: This is a very well-known and established restaurant. This restaurant has a unique and attractive design. 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 restaurant has an exceptional menu and fantastic vibe. There are simply no words to describe the incredible look and feel. No expense has been spared.

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

PLEASE REPLY FOR FURTHER INFO

Property Information

Real Estate:

Lease

Location:

Primely located in extremely high footfall district, this is a busy business and shopping area.

Business Operation

Expansion Potential:

Potential to use trademark and expand into franchising.

Reasons for selling:

Seller has numerous other business interests.

Employees:
30 staff members
Years established:
2.5 years

Other Information

Support & training:

Full training will be provided including a lengthy handover period.

Inventory / Stock value:
R200,000