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Leading Brand Franchise Restaurant- Sunward Park For Sale

Boksburg, Gauteng, South Africa
Asking Price:
R2,475,000
Sales Revenue:
R6,600,000
Cash Flow:
R900,000

PROFITABLE FRANCHISED RESTAURANT, SUNWARD PARK
SELLING PRICE: R2.475 MILLION
TURNOVER: R550K PM
NETT PROFIT: R75K PM

Description: This successful and very profitable business has been newly and fully revamped according to Franchise specs. The restaurant is primely located in the East Rand and located in a busy, up-market Shopping center. It is an 80-seater restaurant and has become a standout destination for breakfast, lunch and supper. With a full complement of well-trained managers and staff, the new owner is ensured of far less hands-on involvement. An attractive bar area, together with a glowing wood-fired pizza oven and beautiful decor, bring customers back time and time again. The menu caters for most customer’s culinary preferences, making it a popular choice for regulars as well as for walk-in trade. This restaurant Franchise Group has a long and well-established name in the Market. This outlet has a large list of customers, who are regularly invited for special and new events. The Asset Value is detailed and valued at R1.1million. The Franchise group was founded over 24 years ago and have become one of the trendiest restaurants in South Africa. With many years experience and knowledge in the pizza industry, this concept has grown from strength to strength and expanded, reaching many more valued patrons. Their wide selection of delicious Mediterranean meals makes it a preferred wholehearted family restaurant and coffee bar too. Customers love the laid-back vibe with pizza, pasta and craft beer coupled with order takeaways.

Property Information

Real Estate:

Lease

Lease Terms:

3 year plus 3

Living Accommodation:

No

Location:

Shopping Centre Boksburg

Premises Details:

Leased

Size in square feet:
350m2
Planning Consent:

Yes

Business Operation

Expansion Potential:

Good potential

Competition / Market:

None

Reasons for selling:

Retirement

Trading hours:

8am to 8pm

Employees:
15
Years established:
3 Years

Other Information

Support & training:

Yes, both Seller and Franchisor

Financing available:

No

Furniture / Fixtures value:
R1,100,000
Inventory / Stock value:
R150,000