This incredible venue is truly unique, boasting magnificent mountain views, hundred-year-old oak trees and perfectly manicured gardens.
There is significant untapped potential for profitability.
as this restaurant currently only operates at one-third of its capacity. This well-established business has a loyal and ever-growing clientele, supported by a strong social media following of 6300 devoted fans (social media account included in the sale).
Profits have been consistently rising, and all systems are in place to seamlessly take over and expand upon the established success. This restaurant is located in the heart of a prestigious Southern Suburbs neighbourhood and operates under Management, independently of the owner, making it an ideal opportunity for investors or hands-on restaurateurs looking to focus on business strategy rather than daily operations.
- Asking Price:
- R4,550,000 Furniture / Fixtures included
- Sales Revenue:
- R8M - R15M
- Cash Flow:
- R500K - R1.5M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
7% of Turnover
5 year lease with option to renew
- Location:
-
Unique, one of a kind location, Southern Suburbs
- Size in square feet:
- ± 600 squares
Business Operation
- Expansion Potential:
-
Massive potential for increased revenue and profits as business currently trades at one third of its capacity.
Stunning Wedding venue
Untapped High Tea, Kitchen Tea market- many requests
Picnics on the lawn
Live music events
- Reasons for selling:
-
Owner focusing on other busineses.
- Employees:
- 25
- Years established:
- 3
Other Information
- Support & training:
-
Full support during handover.
