An Established, Profitable and Superb Restaurant for Sale
An Established, Profitable and Superb Restaurant for Sale
SORRY FOLKS…THIS ONE IS NOW SOLD
Financial Information
Current Annual Turnover:
+-R1 380 750 (Feb 2019)
Current Annual Net Profit:
+-R269 873 (Feb 2019)
ROI%
+-30 % (Based on Annual Net Profit)
Assets / Office Equipment:
+- R150 000 (Included in the asking price)
Stock on Hand:
+-R10 000 to R15 000 (Excluded from the asking Price)
Rent & Lease Terms:
R13 500 per month (excl water and lights). Leased (landlord approval will be required)
Vat registered:
Liquor License:
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
BuSiness Information
Industry
Established Restaurant
Asking Price
R890 000 (Excluding Stock on hand)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises Size:
55m2
Hours of work:
Tuesday to Friday:17h30 to 22h00
Saturday, Sunday, Monday: Closed
Buyer Profile:
Ideally suited for an owner/ operator who has knowledge of the industry. Ability to cook will be an added advantage for the new owner
Growth Potential:
An Already established and profitable business. Growth potential could include opening on weekends and catering for special events
Reason for selling:
Other business commitments (Seller owns more than 1 x business) and wants to consolidate his Business commitments
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Contact Us
call
Grant – 073 556 0065
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070