Located in an up-market. secure and popular shopping centre in Pretoria East
Most major retailers represented
Centre about to be extended with a much needed Phase 2 add on development
Store trading for more than 12 years
Based on the type of menu mix, the business has below average food costs, delivering above average GP’s
Double deck layout with an approx. 330sqm total size
Fully licenced with considerable seating outside
Manager run with owner involved only about 30% of the time
Strong head office support within a larger restaurant group
-Total number of staff inclusive of management and waiters – 32
-Average monthly sales / turnover for the past 12 months: +/- R1 030 000
-Average monthly Food Cost for the last 12 months: 37%
-Average monthly Gross Profit for the past 12 months: 63%
-Average monthly Net Profit (EBITDA) for the past 12 months inclusive of owners salary / drawings: +/- R140 000
-Owner heavily involved in other business interests and has reluctantly decided to sell this very profitable restaurant
-Asking price: R3.2 million (excl. stock) + Franchise joining fee of R150k.
