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Unique highly profitable Lifestyle Restaurant In Cape Town For Sale

Cape Town - Southern Suburbs, Western Cape, South Africa
Asking Price:
R4,400,000
Sales Revenue:
R7,000,000
Cash Flow:
On request

Unique restaurant that has traded very successfully for 5 years with loads more potential for a chef, a foodie couple or a restaurateur.

The restaurant is well located and set in a beautiful environment with indoor and outdoor seating options. An outdoor play area makes it a good option for younger families as well.

Two fully equipped kitchens provide for a multifaceted food offering. The restaurant is fully licensed and has well trained staff.

The performance has had a continuous upward projectory since inception and the restaurant's popularity and growing customer base will ensure future growth.

Property Information

Real Estate:

Lease

Lease Terms:

5 years plus options

Leasehold Rent:

R55,000 per annum

Location:

Located minutes away from the primary target market, close to secondary and tertiary markets

Premises Details:

Relaxed environment accommodated approx 140 patrons inside and out.
Fully equipped.

Business Operation

Competition / Market:

A few eateries in close by suburbs

Reasons for selling:

partner retiring

Trading hours:

Breakfast, lunch and tea

Employees:
15
Years established:
5

Other Information

Support & training:

a month hand over by owner

Furniture / Fixtures value:
R1,400,000
Inventory / Stock value:
R60,000