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Prime Well-known Upmarket Profitable Restaurant In Northern Suburbs For Sale

Sandton, Gauteng, South Africa
Asking Price:
R12,000,000 Furniture / Fixtures included
Sales Revenue:
R15M - R100M
Cash Flow:
R8M - R15M

PRIME WELL-KNOWN UPMARKET PROFITABLE RESTAURANT IN NORTHERN SUBURBS

PRICE: R 12 000 000 NEGOTIABLE

TURNOVER: R30 000 000 PER ANNUM

AVERAGE NET PROFIT: R 4.5M PER ANNUM

ROI: 30 months

Description: This is a very well-known and established restaurant. This restaurant has a unique and attractive design. There is a large and loyal up-market customer base. There is fantastic management in place and the staff are well trained and excellent. The restaurant has an exceptional menu and fantastic vibe. There are simply no words to describe the incredible look and feel.

TRAINING: Full training is provided, including a lengthy management handover.

PLEASE REPLY FOR FURTHER INFO

Property Information

Real Estate:

Lease

Location:

Primely located in very busy centre. Huge footfall

Business Operation

Reasons for selling:

Seller has numerous other businesses

Employees:
30 staff members
Years established:
2 years

Other Information

Support & training:

Full training is provided, including a lengthy management handover.

Inventory / Stock value:
R200,000