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Stylish Restaurant With A Great Choice Of Wine For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R3,450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8,500,000
Cash Flow:
R1,150,000

This Restaurant in Hermanus offers the very best wine tasting experience there is. They will also collaborating with the local Wine Producers, Art Galleries, musicians and artists for events that you will not want to miss. They offer the following:
○ Wine in tasting flights, by-the-glass, by the bottle or off-con
○ Food and Wine pairing
○ Food: European Bistro style with an Asian influence
○ The entire region in one space
They pride themselves in representing a wonderful selection of wines from Botriver, Hemel & Aarde, Stanford, Elim and Agulhas. You can be the owner of this beautiful location in the heart of the old town of Hermanus to enjoy a wide range of regional award-winning wines, bubbly and craft beers.
Scrumptious plates of food are served from the kitchen where the chef has been inspired by local cuisine to take you on a gastronomic journey.

Property Information

Real Estate:

Lease

Lease Terms:

Lease in place for 5 more years

Leasehold Rent:

R740,000 per annum

Location:

Easily accessible and well located in the center of the town

Premises Details:

Well-equipped and spacious seating for a memorable experience

Size in square feet:
42 sqm

Business Operation

Expansion Potential:

This business expanded well but has lots of potential to expand even more in the future.

Competition / Market:

There are a number of restaurants in the town, bud none so inviting as this one.

Reasons for selling:

Further business opportunities to pursue

Trading hours:

Daytime and evenings but can be flexible in and out of season

Employees:
25-35 depending on season
Years established:
6 years

Other Information

Support & training:

Full training will be given by the seller and great systems and procedures in place as well as very competent staff

Furniture / Fixtures value:
R260,000 - included in the asking price
Inventory / Stock value:
R300,000 - included in the asking price