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Renovated Restaurant, Bar And Grill In KZN North Coast For Sale

KZN North Coast, KwaZulu - Natal, South Africa
Asking Price:
R2,500,000 Inventory / Stock included
Sales Revenue:
R3,600,000
Cash Flow:
Undisclosed

The restaurant was acquired in Feb 2024 and then renovated and converted, offering a fusion of great Asian, South African and Med flavours, including seafood, flame-grilled food, curries and fast food dishes, plus a full bar serving great cocktails. It seats 90 guests in great décor and atmosphere at a prime location in the KZN North Coast, close to popular beach areas.

Unfortunately, the owning couple suffered a devastating family tragedy, which required them to divert their attention away from the management of the business, which they now decided to sell.

This is an excellent opportunity for a food industry entrepreneur to take advantage of the investment and grow this establishment to its full potential.

Property Information

Real Estate:

Lease

Location:

This business is based in the North Coast of Durban.

Business Operation

Reasons for selling:

The owners are selling due to lack of attention for this business.

Trading hours:

11am - 9pm

Employees:
17 employees

Other Information

Furniture / Fixtures value:
R700,000
Inventory / Stock value:
R200,000 - included in the asking price