Ref. No - BFS00186
South Africa, GautengRef. No - BFS00186
Sector - Food
Summary
A rare opportunity to own a beloved Italian restaurant with a long-standing reputation in the community! Known for its authentic Italian dishes — including signature Pastas and delicious Wood-Fired Pizzas — this establishment has earned loyal support from locals and visitors alike.
Give me more informationFully describe the business's activities?
A rare opportunity to own a beloved Italian restaurant with a long-standing reputation in the community! Known for its authentic Italian dishes — including signature Pastas and delicious Wood-Fired Pizzas — this establishment has earned loyal support from locals and visitors alike.
Give a breakdown between sit-down, takeaways and deliveries
Sit down accounts for 80% of its revenue and takeway 20%
How many employees?
4 Permanant and 4 Part time
How involved is the Owner in running the business?
Part time
When does the current lease end?
2027
Is there an option of renewal & what period?
Yes, The landlord is willing to extend the lease agreement
What is the annual escalation %?
6.5%
What is the square meters of the business?
Estimated 100 Sqm
Is a copy of the lease available?
Yes
Do you require a licence?
Annual Liquor Licence
What lease deposit and/or other surety is required?
One Months Rental
What are the main assets of the business?
All Restaurant equipment
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