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Upmarket Middle-eastern Eatery In Birnam For Sale

Birnam, Gauteng, South Africa
Asking Price:
R1,250,000
Sales Revenue:
R3,200,000
Cash Flow:
Available on request

A highly-rated Middle Eastern/Mediterranean eatery located in a shopping centre in Melrose, Johannesburg. Established just 14 months ago, it has quickly gained a loyal customer base and a strong reputation for its authentic cuisine and excellent service.

1. Prime Location: Situated in a busy Shopping Centre, enjoy high foot traffic and visibility, making it a prime spot for attracting customers.
2. Outstanding Reviews: We boasts a 4.8-star rating on Google, reflecting its popularity and customer satisfaction. It is also listed as a Top Eats on Uber Eats, enhancing its online presence and accessibility.
3. Unique Cuisine:The deli offers a distinctive dining experience with its authentic Middle Eastern and Mediterranean cuisine, setting it apart from other eateries in the area.
4. Loyal Customer Base: Despite being relatively new, it has established a loyal customer base that frequents the restaurant for its quality food and exceptional service.
5. Profitable Business: it is already profitable, showing positive EBITDA trends. The simplified profit & loss statement for the last two months, combined with the next four months’ forecast, demonstrates its financial viability.
6. Strong Online Presence: Successful social media campaigns and partnerships with influencers have contributed to a strong online presence, driving customer engagement and sales.
7. Has the option to be converted into a Halal Store.
8. Has a liquor licence.

Property Information

Real Estate:

Lease

Leasehold Rent:

R420,000 per annum

Location:

Blubird Shopping Centre

Premises Details:

144sqm Leased for another 4 years

Business Operation

Expansion Potential:

Dinner needs to be traded

Competition / Market:

One restaurant in the centre that targets the same breakfast & lunch trade but we have carved out a good rotational crowd

Reasons for selling:

Leaving the city

Trading hours:

8am - 4pm (can trade to 11pm)

Employees:
13
Years established:
1

Other Information

Furniture / Fixtures value:
R1,500,000
Inventory / Stock value:
R70,000