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

Sandton, Gauteng, South Africa
Asking Price:
R14,000,000 Furniture / Fixtures included
Sales Revenue:
R15M - R100M
Cash Flow:
R3M - R8M

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS

PRICE: R 14 000 000 (price reduced)

TURNOVER: R50 000 000M PER ANNUM

AVERAGE NET PROFIT: R 7M PER ANNUM++

ROI: Less than 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 management handover.

Please reply for further info

Property Information

Location:

Located in onethe busiest district in Johannesburg, very high traffic of people in an upmarket area.

Premises Details:

Beautifully designed.

Business Operation

Reasons for selling:

Seller has other projects

Employees:
50 staff members
Years established:
Over 2 years with a huge loyal customer base

Other Information

Support & training:

Full training will be provided

Inventory / Stock value:
R250,000