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Long Standing Successful Restaurant In Upper Highway For Sale

Upper Highway, KwaZulu - Natal, South Africa
Asking Price:
R5,000,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Relax in our glam art deco style vaulted space, beneath lush French panoramic murals, tropical foliage and signature custom hand crafted pink tiles. Whether you are having birthday cocktails, a quick coffee with clients or a big family get together we have the perfect place for you.

Size:313,63 SQM
Rent Incl Vat:R69 836,54
Lease Period :01-Nov-26 (option to renew)
Op Costs Incl Vat:R22 717,30
Electricity Excl Vat:R41 416,74
Water Excl Vat:R5 105,27
Gas Excl Vat:R33 654,00
Telephone Excl Vat:R2 731,73
Staff: 48 (Total)
Kitchen -22
Waiters -19
Managers -7
Exclusive use of underground parking
Wages / Salary:R318 327,10
Monthly Turnover:R1 450 160,00
Monthly Net Profit:R205 000,00
Selling Price:R5 000 000,00

Property Information

Real Estate:

Lease

Location:

Upper Highway