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Top Steakhouse & Restaurant Franchise,in Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
R20,400,000
Cash Flow:
Available on request

The business was opened by the present owners 3 years ago in a prime position, in one of the top shopping centres in the Pretoria area. The Brand is known as the best upmarket Steakhouse & Restaurant Franchise Brand in the country, and in turn is also part of one of the top Franchise Groups in South Africa. This particular Branch is extremely well run by the owners, and has proved to be a very popular & profitable operation. Aside from their Steaks and Burgers, included on their Menu are some Vegetarian options, a wide variety of Chicken and Seafood dishes, Salads, and lots of Grill options. All this is coupled with great service, and a warm and friendly ambience.
An excellent well run and well organised business that is ready for an experienced Owner/Operator to continue building, because of the already very well laid foundations that were put into place by the present owners, over the past 3 years.
A business opportunity that must not to be missed!!

Property Information

Real Estate:

Lease

Location:

Well located in a top upmarket Shopping Centre in the Pretoria area.

Premises Details:

There are many other food outlets in the area, as it is a very large shopping centre with a huge amount of feet in the complex and surrounding shops, 7 days a week.

Business Operation

Reasons for selling:

The Owners have two other stores in Johannesburg and are planning to open a 3rd store shortly, therefore they have developed a logistical problem having only one store in Pretoria, and so have decided to concentrate all their efforts in the Johannesburg area only.

Trading hours:

The business is open 11-30am to 10pm Monday to Saturday, and 11-30am to 9pm on Sundays.

Employees:
They employ a Total of 41 Staff, which includes the waiters and 6x various Managers.
Years established:
The business has been open for the past 3 years.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

All support and Training will be supplied by the Franchisor, who must approve the Purchaser before a Sale may take place. There will be a once off Joining Fee due to the Franchisor on signature of a Franchise Agreement.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R300,000

Contact Information

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