A Beautiful, Unique, Established and Cosy, Family Restaurant for Sale.
BUSINESS OVERVIEW
SOLD
Sorry Fplks, this business has now been SOLD.
If you are looking to BUY or SELL a business then pleaase contact: grant@mnbrokers.co.za
Annual Turnover:
+-R722 608 (Jan 22 to Dec 22)
Net Profit
+-R92 251 (Jan 22 to Dec 22)
ROI:
+-17%
Liquor License
Yes, 1 x year (On site Consumption)
Assets:
Included in the asking price (As per Asset List)
Rent per month:
+-R13 500 per month
Vat registered:
Growth Potential:
This business has an already established loyal Clientele, thus expansion possibilities include the expanding the current trading hours, catering for special events on site, opening of additional branches in other areas, and the possible franchising of the business.
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 Type
Wood Fired Restaurant
Asking Price
R 400 000
Asking Price
R 500 000
PROVINCE
CITY
Premises:
Leased (landlord approval will be required)
Trading Hours:
Mon to Friday: 17h30 to 22h30 Sat: 17h30 to 22h30 Sun: Closed
Staff Compliment:
4 x employees (1 x owner, 2 x staff, 1 x casual)
Buyer Profile:
This business will suit a husband-and-wife team / family or a person / entrepreneur who is looking to become the master of their own destiny. Full training and support will be provided by the seller to the new owner.
Reason for selling:
Health reasons.