Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
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.
The lease has 5 years left to expire with a 7% escalation per year.
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
This restaurant has no competition in the shopping centre.
The seller is looking for other opportunities
Mon to Sun 08:30 - 21:00
If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.Sell Your Business