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Well Established Restaurant In Sandton For Sale

Sandton, Gauteng
Asking Price:
R13,990,000 Furniture / Fixtures included
Sales Revenue:
R15M - R100M
Cash Flow:
R3M - R8M

Well established, managed and maintained. Restaurant with a formal yet relaxed atmosphere. Cafe, Bakery, Restaurant. For serious buyers, this opportunity can be seen as either an investment or lifestyle business that has a proven winning formula for long standing success.

Property information

Real Estate:

Lease

Lease Terms:

Excellent new 7 year lease ex Jan 2020. 7% esc. Small refurb due in same year.

Location:

Busy mall.

Premises Details:

Fully functional bar, bakery, kitchen, cold/freezer room, large varied seating, own toilets, take away kiosk.

Size in square feet:
600

Business Operation

Expansion Potential:

Uber Eats, functions, wholesale bakery, servicing the numerous surrounding businesses to name but a few...

Competition / Market:

While other restaurants exist in the same mall, this restaurant stands out head and shoulders above the rest.

Trading hours:

7am-10pm

Employees:
65
Years established:
30 years +

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

4% royalty

Other Information

Support & training:

Full hands on support which covers all facets of the business from product offering to HR, accounting, training and development.

Furniture / Fixtures value:
R5,000,000 - included in the asking price
Inventory / Stock value:
R300,000

Contact Information

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