Filters
LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R8,200,000
Monthly Profit
R 322,186
Asset Value
R 4,792,418
Stock Value
R 800,000
Yearly Net Profit
R 3,866,230

Summary

Give me more information

Fully describe the business's activities?

One of Joburg’s finest restaurants, with an amazing track record and many award-winning accolades.

How does the business operate on a daily basis?

Lunch & Dinner from Tuesday to Saturday. Lunch only on Sunday. Closed on Monday
Trading Hours: 12:00pm till close
Kitchen Hours: 12:00pm to 3pm & 6pm to 9:30pm

Give a breakdown of staff/ functions/ length of service?

Will be disclosed during the Due Diligence

Do any have management potential?

Managers in place

How involved is the Owner in running the business?

The owners oversees the stock orders and do the payments

When does the current lease end?

Will be disclosed during the Due Diligence

What are the main assets of the business?

Kitchen Equipment and furniture

Strengths?

Very strong brand with an excellent reputation

Weaknesses?

Large staff compliment

Opportunities?

Growing the business from the strong foundation laid down by the founders and increasing marketing spend

Threats?

Food costs need to be monitored closely
Economy

What is the reason for the sale?

The owners wish to pursue their own interests and relocating to different areas

Location

Contact | Enquire

Chris

Chris Ferguson

LocationSouth Africa, Gauteng

Preferred method of contact

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