Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Food

Asking Price
R4,587,126
Monthly Profit
R 141,051
Asset Value
R 4,461,148
Stock Value
R 87,126
Yearly Net Profit
R 1,692,607

Summary

Well known restaurant in trendy upmarket area. Fantastic food, popular with the locals and friendly staff.

Give me more information

Fully describe the business's activities?

Sit down restaurant

How does the business operate on a daily basis?

Open Tuesday - Saturday for Lunch and Dinner and Sundays for Lunch only

What Advertising/Marketing is carried out?

Not much - just some social media - Facebook and Instagram

What competition exists?

Only one other in the area - very niche

Do any have management potential?

Yes (2)

How involved is the Owner in running the business?

Pretty hands on

When does the current lease end?

31.10.2022

What are the trading hours?

11h00 - 23h00 Tues - Sat
11h00 - 17h00 Sunday

What are the main assets of the business?

All the normal restaurant equipment - fridges, freezers, cooking equipment, tables, chairs, etc.

Strengths?

Great food and waiters

Opportunities?

Extended trading hours

What is the reason for the sale?

Emigration

Location

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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