South Africa, North WestSector - Food
Summary
Business customers and social gatherers all enjoy this conveniently located restaurant that offers well thought out menu and live entertainment
Give me more informationFully describe the business's activities?
Family owned Restaurant with long history, great vibe and conveniently located close to business community and suburban area.
How does the business operate on a daily basis?
The business opens daily at 06:30 and offers sit down meals inside and outside in casual environment.
What Advertising/Marketing is carried out?
Extensive social media of events and meal specials, including the effective use of "owned" hashtags across these media platforms.
What competition exists?
There are a number of other food related businesses in the area, yet each has its own positioning and segment focus.
How could the profitability of the business be improved?
More delivery services and online ordering
Do any have management potential?
Yes there is a highly competent tea in place that manages the day-to-day business.
How involved is the Owner in running the business?
The owners are actively involved.
How involved is the Owner in running the business?
The owners are actively involved.
When does the current lease end?
The current lease ended in november and currently runs month-on-month, the new owner however will have the option to secure full lease renewal
What are the trading hours?
The business opens at 06:30 each day and closes at 20:00 from Monday to Thursday, Midnight on Fridays, 14:00 on Saturdays and Sundays
What are the main assets of the business?
Restaurant Equipment
Strengths?
Well established business, good location, entertainment vibe.
Weaknesses?
Lack of online ordering system
Opportunities?
Deliveries and Online Ordering
Threats?
COVID Lockdowns
What is the reason for the sale?
Owner wishes to focus on different interests
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