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Upmarket Restaurant In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R3,450,000
Sales Revenue:
R8M - R15M
Cash Flow:
R500K - R1.5M

This stylish restaurant with a strong local following is loved by visitors and tourists for its fresh and vibrant decor, quality offering and superb service. We've been operational for more than 6 years and have a full set of financials available for a prospective buyer. Fantastic value-adds make this a very compelling opportunity. Details on request.

Property Information

Real Estate:

Lease

Location:

We are centrally located in the heart of the tourist town of Hermanus

Premises Details:

Light, bright and beautifully upmarket without being pretentious

Business Operation

Expansion Potential:

There are a number of value-adds that we can elaborate on with any prospective buyers.

Competition / Market:

Hermanus has a number of restaurants but we've seen many come and go. Our offering remains inviting and compelling.

Reasons for selling:

Further business opportunities to pursue

Trading hours:

Daytime and evenings but can be flexible in and out of season

Employees:
25-35 depending on season
Years established:
6

Other Information

Support & training:

We have great systems and procedures in place as well as very competent staff.

Furniture / Fixtures value:
R260,000
Inventory / Stock value:
R300,000