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Very Profitable Restaurant In Cape Town For Sale

Cape Town - Southern Suburbs, Western Cape, South Africa
Asking Price:
R4,500,000
Sales Revenue:
R6,200,000
Cash Flow:
R500K - R1.5M

A very successful restaurant that may suit a husband-and-wife team.

The business is/has:
* well located
* fully licensed
* well-trained staff
* loyal and growing customer base
* Consistent, strong growth

Property Information

Real Estate:

Lease

Lease Terms:

6 years with options

Leasehold Rent:

R516,000 per annum

Location:

.Well located with easy access and ample onsite parking

Premises Details:

Fully fitted restaurant and deli with two kitchens and spaciously laid out. Seating both inside and out. Approx 120 seater.

Business Operation

Expansion Potential:

The integrated food shop attracts a growing number of patrons and the home catering division has grown tremendously. Both the restaurant and the food shop continue to grow strongly and has potential to grow a lot more with our current strategies in place.

Competition / Market:

Restaurants and coffee shops in the area.

Reasons for selling:

Owner retiring

Trading hours:

day time

Employees:
14
Years established:
41/2

Other Information

Support & training:

Work with buyer for period

Furniture / Fixtures value:
R1,400,000
Inventory / Stock value:
R45,000