Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Unique Venue Family Restaurant And Beer Garden Business In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R2,300,000 Furniture / Fixtures included
Sales Revenue:
R5,000,000
Cash Flow:
R95,000

Trading for over 40 years in the same well visited venue, this established, terraced family restaurant and beer garden is nestled in a popular retail nursery and market centre South of Durban.
Combining great dining and entertainment, located in a unique flow style nursery within an all-in-one property that hosts a Weekend Craft Market, Pet Shop, Book Shop, Weekend Gallery and more.

Seating for 200 plus! Ample parking. This popular and lucrative family restaurant has been catering to many locals and visitors alike throughout the decades, with it's varied and tasty menu options. The kids play area has a jungle gym and a jumping castle, making it a great venue for hosting kids parties. There is a fully stocked bar with a braai area for the very big kids, corporate functions and events welcome! Live entertainment over the weekends is always a pleasure, as diners take in the sights and sounds of bustling trade in these natural and vibey settings.

The current owners are divesting due to other business and family matters.

Open for breakfast & lunch. Perfect for kids parties, birthdays and corporate events. Fully licensed.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 31 Mar 2029 currently. 5 year plus 5 year on offer by landlord to suitable owner @ 5% escalation.

Leasehold Rent:

R36,400 per annum

Living Accommodation:

N/A

Location:

Nursery garden centre and market.

Premises Details:

terraced deck restaurant and kitchen within the garden centre and market, braai, bar and kids play area and amenities beneath.

Size in square feet:
4,000
Planning Consent:

N/A

Business Operation

Expansion Potential:

None

Competition / Market:

None

Reasons for selling:

Other business interests and family commitments.

Trading hours:

8-16h00

Employees:
22
Years established:
30 plus. Current owners 6 years.

Other Information

Support & training:

On the job training will ensure a smooth handover.

Financing available:

N/A

Furniture / Fixtures value:
R800,000 - included in the asking price
Inventory / Stock value:
R140,000