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Restaurant Franchise In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R2,200,000 Inventory / Stock included
Sales Revenue:
R6,000,000
Cash Flow:
Available on request

A well-established and profitable restaurant and takeaway franchise situated in a quaint shopping centre in an affluent suburb. The brand offers a traditional Italian flair with their menu ranging from starters, pizzas, pastas and salads to burgers, grills and desserts. The store is unique and cosy, drawing customers in, with their warm welcoming traditional wood burning oven and their wide selection of wines and cocktails.

This restaurant offers a unique service to cater not only for their sit down customers, but also a convenient take away option including delivery. There is room for growth in the area with many schools, businesses, homes and retirement villages. This business has a full staff complement of 17 employees who are well trained and very reliable.

The business has an asset value of R600 000, generates an average monthly turnover of R500 000 with an average monthly net profit of R100 000. The asking price is R2 200 000 excluding stock of R100 000 on average.

Property Information

Real Estate:

Lease

Lease Terms:

The lease has 5 years left to expire with a 7% escalation per year.

Location:

Restaurant Franchise situated in a quaint shopping centre, centre easily accessible, offering a small variety of shops including a lovely coffee shop / bakery, restaurants, a boutique, Dis-chem and Woolworths food in an affluent suburb

Business Operation

Competition / Market:

This restaurant has no competition in the shopping centre.

Reasons for selling:

The seller is looking for other opportunities

Trading hours:

Mon to Sun 08:30 - 21:00

Employees:
17 employees
Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Furniture / Fixtures value:
R600,000
Inventory / Stock value:
R100,000 - included in the asking price

Contact Information

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