Sector - Food
This busy steakhouse is part of a well known brand. They are located in a prime position inside a mall in RandburgGive me more information
Fully describe the business's activities?
They are known for their love of great steak, excellent taste in wines and a warm and welcoming atmosphere where customers become friends.
This franchised restaurant is situated in a well known and busy shopping mall in Randburg.
They are more focused on attracting sit-in customers.
How does the business operate on a daily basis?
The business is mainly manager-run with the owner involved in the overall management of the business.
They managers is responsible for all operational duties such as stock take, ordering etc.
The business main trade is lunches and evenings
What Advertising/Marketing is carried out?
Franchise owners does marketing but they also advertise locally
What competition exists?
There are many restaurants and fast food outlets in the mall
How could the profitability of the business be improved?
Additional marketing and deliveries.
Give a breakdown of staff/ functions/ length of service?
A full breakdown will be available to a serious buyer
Do any have management potential?
There are 3 managers in place
How involved is the Owner in running the business?
The owner is involved in on a daily basis in the business.
What are the trading hours?
11h00 untill 22h30
What are the main assets of the business?
Kitchen equipment and furniture
Very strong brand
They have a brilliant location in the mall
Service and food is excellent with good reviews and return customers
Additional marketing and functions
Current economic environment in the country
What is the reason for the sale?
Due to personal reasons the owner needs to relocate.
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