South Africa, GautengSector - Food
Summary
Long established profitable restaurant in prime position in upmarket centre in the near East Rand
Give me more informationFully 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
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