
Sector - Property
Summary
A well positioned property in Pinetown that is primed for redevelopment
Give me more informationFully describe the business's activities?
The business started as a restaurant and expanded into offering Bed & Breakfast facilities
How does the business operate on a daily basis?
The restaurant is open on Monday to Saturday from 12:00 to 20:00
The B & B is open 7 days a week
How does the business operate on a daily basis?
The restaurant is open on Monday to Saturday from 12:00 to 20:00
The B & B is open 7 days a week
What Advertising/Marketing is carried out?
No advertising or marketing is being carried out at present because the owner wants to sell the property.
What competition exists?
There is not much restaurant competition in the area but there are B & B establishments
How could the profitability of the business be improved?
If the purchaser decides to upgrade the restaurant then profitability could be improved by extending trading hours and promoting it in the local newspaper.
The same applies to the B & B.
Give a breakdown of staff/ functions/ length of service?
Not applicable
Do any have management potential?
Not applicable
How involved is the Owner in running the business?
The owner currently resides on the property and attends to the restaurant and B & B customers. His daughter assists from time to time.
When does the current lease end?
There is no lease
What are the trading hours?
Restaurant trading hours are 12:00 to 20:00 Monday to Saturday, closed on Sunday.
B & B establishment operates seven days a week but is very quiet on weekends.
What are the main assets of the business?
The main assets is the consolidated property, the buildings thereon, B & B and restaurant equipment.
Strengths?
The cost in time and money to consolidate the properties has already been borne by the owner.
The property is situated in a very desirable position and is ripe for redevelopment.
Weaknesses?
The owner has allowed the restaurant to deteriorate and some of the buildings could do with repairs and upgrades.
Opportunities?
The restaurant could be more profitable if a new owner invests in new equipment and some marketing.
The B & B establishment is currently sitting at 50% occupancy which could be increased to 75% with a bit of marketing.
Threats?
No perceived threats
What is the reason for the sale?
The owner wishes to retire.

Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises

Promote
your business for sale

Reach
the right audience

Gain
more exposure

More businesses you may like
More similar, inspiring businesses for sale
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
E-commerce Business for Sale: The Benefits
Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo
Buying a Manufacturing Business for Sale
There are several good reasons why a manufacturer or an entrepreneur might be considering buying ano
What to Consider Before Buying a Franchise
Buying a franchise can either be the best financial investment you ever make or the worst. Therefore
Sellers
How Fast Can I Sell My Business?
With Business for Sale, buying or selling a business has never been easier. We have the ideal tool f
How to Sell a Business Quickly
If you're thinking, "I need to sell my business quickly," it's critical to list your business on the
How to Sell a Franchise
Selling a franchise isn’t the easiest process to complete in the world. The major confusion comes