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Well Established Fast Food Restaurant In Nelspruit For Sale

Nelspruit, Mpumalanga, South Africa
Asking Price:
R600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R2,900,000
Cash Flow:
R100K - R500K

Established in May 2014. This Fast Food restaurant has been trading for 7 and a half years. Specializing in traditional South African fast food as well as Portuguese and Mexican influenced cuisine. This establishment offers a sit down area for upto 20 patrons, as well as delivery and takeaway. Well established loyal clientele, low rental and manager run. This business proved to be relatively resilient through the Covid crisis. We have an established online presence with over 3000 followers on Facebook and a rating of 4 to 5 stars on Facebook and our Google listing. It will be ideally suited to a buyer interested in the restaurant industry and offers scope for expansion via its delivery business and a change in trading hours.

Property Information

Real Estate:

Lease

Lease Terms:

30 Days Notice

Leasehold Rent:

R144,000 per annum

Location:

Located in the suburbs of Nelspruit (Mobombela) between a busy filling station and small shopping complex.

Size in square feet:
320

Business Operation

Expansion Potential:

Scope for expansion includes extending trading hours, the business currently trades between 10am and 7pm and is closed on Sundays. Alot of potential to expand our delivery service to greater Nelspruit, currently we only deliver with a 3km radius.

Reasons for selling:

Other business interests

Trading hours:

10am to 7pm Mon-Sat

Employees:
10
Years established:
7

Other Information

Support & training:

Can be provided

Furniture / Fixtures value:
R316,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price
Relocatable:
This business can be relocated.

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