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Two Excellent Restaurant Brands in Prime Stellenbosch Location For Sale

Stellenbosch, Western Cape, South Africa
Asking Price:
R1,900,000 Furniture / Fixtures included
Sales Revenue:
R6,000,000
Cash Flow:
On request

2 Excellent side-by-side Restaurant concepts in a prime Stellenbosch location

  • 2 fully established brands Mexican and Asian with a stunning bar
  • Brand presence and built captive market
  • All licensing in place to walk in and operate
  • Highest footfall location in all of Stellenbosch targeting students, locals and tourists
  • Great online social media presence as well as Mr D and Uber
  • This is a phenomenal opportunity in a landmark Stellenbosch location to grow established brands!

Property Information

Real Estate:

Lease

Lease Terms:

5 years with options to renew

Leasehold Rent:

R78,000 per annum

Location:

Prime street location in the highest footfall area in Stellenbosch.

Premises Details:

Part of the only major mall in town and in the heart of the town.

Size in square feet:
520

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:
  • Established brands developed ready to expand as your own franchise
  • Multiple interested investors had come to look and grow alongside the business
  • Definitely appetite to grow these brands across the South African market, very easy to replicate
Competition / Market:

Other places do Asian and 1 other "Mexican" place in the entire area of Stellenbosch but none are exactly positioned or branded like this store

Reasons for selling:

The main running partner needs to return back to KZN. The other 2 partners are also absent from running the business.

Trading hours:

11:30-21:00

Employees:
12
Years established:
3

Other Information

Support & training:

Happy to give full support and training as required alongside a trained manager and assistant manager who are currently essentially running the store

Furniture / Fixtures value:
R2,400,000 - included in the asking price
Inventory / Stock value:
R150,000
Home based:
This business can be run from home
Relocatable:
This business can be relocated