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Profitable And Popular Licenced Restaurant For Sale

East Rand, Gauteng, South Africa
Asking Price:
R2,500,000 Furniture / Fixtures included
Sales Revenue:
Cash Flow:

Double storey and well known Licenced Family restaurant.
Situated on a busy main road on the East Rand.
Well-presented, neat and revamped less than 2 years ago.
Located on a very busy road with constant high traffic flows.
Total size of premises – 370sqm.
Seating for 180 patrons.
Parking available on site.
Staff complement - 30. 
Well fitted and equipped with bars active on both floors.
Manager run but owner also on site very regularly.
Diverse menu offering which caters for most preferences and tastes.
Charcoal grilled meals.
Trading from 12 noon to 9.30pm daily to date but…….
Based on demand, will be opening at 8am each day for breakfast as from 1st Sep 2023. (This will increase turnover and profits!) 
Turnover Monthly Average: R600 000 - R700 000.
Net Profit Monthly Average: R80 000 - R90 000.
Asking price: R2.5 million
Asking price is INCLUSIVE of stock on hand at take over time. (Stock value not less than R120 000)
Seller has other commitments and possible emigration.

More info will only be provided on signing an NDA and Proof of Funds.

Property Information

Real Estate:


Leasehold Rent:

R720,000 per annum


Very busy Main road.

Business Operation

Reasons for selling:

Owner is emigrating.

Trading hours:

Monday - Sundays: 12pm-10pm. (Currently)
But from 1 September will open at 8am for Breakfast.

Years established:

Other Information

Support & training:

Full 1 month handover by owner.

Financing available:


Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value: