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.
- Asking Price:
- R3,450,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R8,500,000
- Cash Flow:
- R1,150,000
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