With the support of a well know franchise restaurant brand, this restaurant is well positioned and supported in a growing winelands town. The Franchise brand is recognisable nationally, which makes it a “go to” restaurant for locals and the tourist trade. Patrons looking for a quality restaurant that offers a great ambiance with live entertainment support this restaurant. This business is positioned in the entertainment strip of the town.
Catering for families as well, this restaurant has recently revamped, with a great quality feel and a kiddie’s area. The restaurant offers a total of around 230 seats, with the total compliment of 24 managers/staff serving these patrons.
This business operates seamlessly during loadshedding with a generator as backup, with well negotiated lease, this restaurant is profitable. The lease expires only in September 2025 and is renewable for another 5 years with market-related escalation terms.
Rent is low at 6% of total turnover, which makes a big difference in profit. Turnover is just under a million rand per month with a profit margin of 13%.
This is a great opportunity for an owner manager or an investor.
Franchise Fees
• Monthly fees: 2% marketing and 5% royalty fees on monthly turnover
• A One off Joining fees of R125k
