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Successful Restaurant In North Coast In North Coast For Sale

North Coast, KwaZulu - Natal, South Africa
Asking Price:
R2,700,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Successful restaurant in a sought-after area in the North Coast.

This restaurant offers an unforgettable experience that celebrates South African culture. Our menu is a culinary delight, featuring traditional favourites like bunny chows and boboties, as well as mouth-watering braai platters, Burgers, Light Meals, Curry, Spicy, Grill, Chips, Kids, Homemade, Seafood, Fast Food, and Steakhouse.

Trading Hours: SUN - THURS - 11 TO 8PM FRIDAY AND SAT - 11 - 10 PM
Rent Incl Vat: R89 990 INC WATER AND REFUSE
Rent Escalation: 10%
Electricity: R10 000 TO R13 000 PM
Gas: R16 000
Staff: 27
Wages / Salary:R100 000 TO R120 000 PM
Monthly Turnover: R850 000 – R1 150 000
Monthly Net Profit: R150 000 TO R200 000 NETT
Selling Price: R2 700 000.00
Other Information: Liquor licence, business licence, entertainment licence sold with pty (slots renewal licence to be arranged)
Stock value: R150 000/R200 000
Lease: 3 YEARS RENEWABLE (CAN GET A 5 YEAR)
How long remaining: 2.5 YEARS
Other Information: Selling entity with liquor licence
Optional: generator on rental at r24 000 pm fuel COST IS 12K PM

Property Information

Real Estate:

Lease

Business Operation

Trading hours:

Trading Hours: SUN - THURS - 11 TO 8PM FRIDAY AND SAT - 11 - 10PM

Employees:
27