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Upmarket & Distinguished Restaurant In Mossel Bay For Sale

Mossel Bay, Western Cape, South Africa
Asking Price:
R2,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R4,600,000
Cash Flow:
R1,200,000

About this Business:

This popular restaurant is the go-to destination for patrons looking for an upper class dining experience.

History: In operation since 2020

Staff: 12.

Scalability & Opportunity:
Plenty of opportunity to grow. Focus currently only on dining, but all facilities in place to become an upmarket bar.

Figures: Revenue R4.6m

Assets: All equipment required to run the business is included in the sale.
Assets of just more than R2m.

Reason for Selling: Owner to pursue other opportunities.

Selling Price: R2,75m.

ROI: 40%

Property Information

Real Estate:

Lease

Location:

Stunning Sea View

Other Information

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value:
R50,000 - included in the asking price