Summary
An upmarket European style restaurant serving delicious modern European food with Asian influences Obtain the assets and location of this prestigious restaurant
Give me more informationFully describe the business's activities?
This restaurant guarantees a truly memorable dining experience, cuisine and atmosphere are paired as thoughtfully as food and wine in the heart of Rosebank
The restaurant offer the most exclusive venue for board meeting, business lunch, dinner or intimate dining dates
There are options of different seating areas in the restaurant for private dining events options depending on number of guests
The restaurant offers impeccable service, urban views, décor and renowned food and wine
How are the clients attracted to the business?
It also appears on listings of ""fine dining "" websites , social media platforms and magazines
4.5 / 5 star Google review ( 670 )
4.5 / 5 on Dineplan ( 1432 votes )
How could the profitability of the business be improved?
Give a breakdown of staff/ functions/ length of service?
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
What are the trading hours?
Thursday 12:30–9:30 pm
Friday 12:30–9:30 pm
Saturday 12:30–9:30 pm
Sunday 12:30–2:30 pm
Monday Closed
Tuesday 12:30–9:30 pm
What are the main assets of the business?
Furniture and fittings @ R1.6M
Equipment and cutlery @ R1.7M
Stock ( Food / Beverage ) -- R40k & R300k
Strengths?
Exceptionably high end furniture, fitting , equipment and décor
Weaknesses?
Costs need to be managed closely
Opportunities?
Urgent sale - seller is very negotiable
Threats?
The lease agreement should be kept in mind / renegotiated
What is the reason for the sale?
Deal structure :
Assets included will be clearly specified
The PTY / Brand name / branding / IP / will not be included
The buyer need to negotiate a session of the lease with the Landlord
The seller is negotiable on the asking price
![Location](https://maps.googleapis.com/maps/api/staticmap?center=-26.2717593, 28.1122679&zoom=5&size=884x220&scale=2&markers=icon:https://businessforsale.co.za/images/icon/marker.png%7C-26.2717593, 28.1122679&key=AIzaSyCTwXBpwbD2bq3IQGj0qin0TiEXf19WAlQ)
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