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Very Profitable Italian Restaurant For Sale

Randburg, Gauteng
Asking Price:
R2,800,000 Furniture / Fixtures included
Sales Revenue:
R100M - R500M
Cash Flow:
R1,500,000

Excellent Opportunity for a Restauranteur...
Italian Restaurant with Liquor Licence for Sale...
Situated in an upmarket Randburg suburb.
Long established with loyal and captive market.
Experienced staff.
Seats 80 inside and about 30 on covered patio.
Open 6 days a week.
Steady turnover and netting over R100k per month.
Owners Emigrating.

Property information

Real Estate:

Lease

Lease Terms:

18 months with option to renew

Leasehold Rent:

R360,000 per annum

Location:

Small Neighbourhood Centre

Business Operation

Competition / Market:

This is the only Italian Restaurant in the neighbourhood

Reasons for selling:

Owner Emigrating

Trading hours:

Tues-Sun 11am - 9pm

Employees:
14
Years established:
20

Other Information

Support & training:

Owner will do full handover

Furniture / Fixtures value:
R900,000 - included in the asking price
Inventory / Stock value:
R60,000

Contact Information

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