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Turnkey Operation-17years Northernsuburbs For Sale

Western Cape, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R5,000,000
Cash Flow:
R1,700,000

This stylish and welcoming restaurant is located in the Northern Suburbs of Cape Town in a well known Village Centre

It has become a well-loved spot for both local residents and corporate clients in the area.

They offer a relaxed yet modern dining experience with a strong focus on quality, freshness, and customer satisfaction
Breakfast is served until 14h00 PM, making it a go-to spot for brunch lovers.
Wood-Fired Thin-Based Pizza: A signature offering, made fresh and served daily.
Cappuccinos & Coffee: They pride themselves on making what they claim is the best cappuccino in town.
Flexible Dining: The restaurant is designed to be both a social and work-friendly space, with high tables and power points for laptops and phones.
Fresh, Quality Produce: Their menu is built around fresh ingredients and a dynamic selection of dishes.
Warm, Inviting Atmosphere: Recently refurbished, the space is modern yet cozy, ideal for casual meals or business lunches.
Great price point Established Local Eatery 17 years standing

Property Information

Real Estate:

Lease

Lease Terms:

The Landlord is looking for a new restauranteur that will be willing to add a bit of bling to the overall look of the business.
Upgrading the floor etc might result in some costs, but the seller is willing to negotiate on the price to accommodate the buyer.

Location:

Northern Suburbs Cape Town

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The owner is retiring.

Employees:
40
Years established:
17

Other Information

Furniture / Fixtures value:
R2,700,000 - included in the asking price
Inventory / Stock value:
R150,000 - included in the asking price