JAXX RESTAURANT is a lovely hidden gem in Hilton with attentive, friendly and well-trained staff who work hard and are always positive resulting in spectacular service that plays a great role for the success of the restaurant.
It is in a great, easy to reach location in a busy well-run central shopping center and provides a cool friendly and welcoming atmosphere around a fancy fireplace.
It is already well established and has a good customer base
- Asking Price:
- R1,200,000 Furniture / Fixtures included
- Sales Revenue:
- R1.5M - R3M
- Cash Flow:
- R500K - R1.5M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
6 years fixed annual increase
- Leasehold Rent:
-
R374,400 per annum
- Location:
-
Prime location in Hilton
- Premises Details:
-
Situated in a well-run centrally located shopping center
Business Operation
- Competition / Market:
-
One other coffee shop in the center and a variety of eateries in Hilton
- Reasons for selling:
-
Business needs a more qualified owner with industry experience
- Trading hours:
-
7am to 5pm daily, Monday to Sunday
- Employees:
- 10
- Years established:
- 20
Other Information
- Support & training:
-
Owner will be available to prospective buyers for support and training for a few months after purchase
- Furniture / Fixtures value:
- R800,000 - included in the asking price