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Prestigious Italian Restaurant In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R4,000,000
Sales Revenue:
R12,000,000
Cash Flow:
R3,232,896

Nestled in the heart of a bustling strip mall in a well-known area in Cape Town, this 110-seater prestigious Italian restaurant beckons with its warm, inviting ambiance and unparalleled culinary experience.

The owner has cultivated a dining destination and a cherished community hub where patrons become family.

Prime Location: Situated in a high-traffic, upscale area of Cape Town, ensuring a steady flow of customers.

Elegant Ambiance: Beautifully designed interior with authentic Italian decor, creating a warm and inviting
atmosphere.

Established Reputation: Well-known for its exceptional Italian cuisine and excellent customer service, with
a loyal customer base.

Wine Selection: Extensive wine list featuring a curated selection of Italian and international wines.

Strong Financials with an ROI of 81%: Proven track record of profitability with detailed financial records available for review.

Online Presence: Strong online presence with positive reviews on major platforms and an active social
media following.

Contact us before the festive season rush to schedule a private viewing and discover why this opportunity is not just a restaurant, but a legacy waiting to be continued.

The price excludes stock of +-R340,000 and VAT.

Business Operation

Reasons for selling:

The owner wants to retire after 30 years in this business.

Trading hours:

Mon to Fri: 12:00 - 14:00; 18:00 - 21:00
Sat: Closed 12:00 - 14:00
Sun: Closed

Employees:
18
Years established:
1987

Other Information

Support & training:

The owner will be available for the handover period.

Inventory / Stock value:
R340,000