Filters
LocationSouth Africa, Gauteng

Sector - Food

Asking Price
R6,000,000
Monthly Profit
R 233,649
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 2,803,782

Summary

Long established profitable restaurant in prime position in upmarket centre in the near East Rand

Give me more information

Fully describe the business's activities?

Long established profitable restaurant in prime position in upmarket centre in Bedfordview

How does the business operate on a daily basis?

The business is run by one of the owners with managers in place

What Advertising/Marketing is carried out?

Social media, facebook, Instagram and web page

What competition exists?

There are other restaurants in the area, but they have an unique offering to attract clients

How could the profitability of the business be improved?

More advertising and entertainment offerings

Do any have management potential?

There are 2 managers

How involved is the Owner in running the business?

The owner is fully involved

When does the current lease end?

2023

What are the trading hours?

Closed Monday
Open lunch and supper Tuesday to Saturday and lunch Sunday

What are the main assets of the business?

Assets comprise everything required for a large restaurant and kitchen

Strengths?

The business has been successfully in operation for more than 20 years with a unique menu and loyal clients

Weaknesses?

None known

Opportunities?

Opportunity for a new energetic owner to take this business to new heights

Threats?

Only the general economy

What is the reason for the sale?

Working owner wants to slow down

Location

Contact | Enquire

Malcolm

Malcolm Keevy

LocationSouth Africa, Gauteng

Preferred method of contact

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