- Advert ID: 640395
- (Seller ref: TRA-271)
Seafood Restaurant For Sale
- Location:
-
- South Africa
- > Western Cape
- > Cape Town
- > Cape Town
- Category:
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Summary
- Asking price:
- R2,100,000 (Furniture / Fixtures included)
- Sales revenue:
- R4,800,000
- Net profit:
- R700,000
- Years established:
- 10
- Employees:
- 16
Business description
Top well established seafood restaurant in sought after Atlantic seaboard location
Property information
- Real Estate:
- Lease
- Lease terms:
- Current lease expires in September 2012, with a further 5 year option.
- Location:
- Atlantic seaboard. Great views from the deck of this beautifully appointed restaurant
Other information
- Expansion potential:
- This style of restaurant could be franchised in other areas. Highly successful in the site for 10 years.
- Competition / Market:
- Healthy mix of restaurants in the area, ranging from pizza to steaks, to European cuisine and Asian cuisine
- Support & training:
- Owner will train and assist new operator and all trained staff will stay on
- Reasons for selling:
- Owner is selling to look for new opportunities. He's been in this site for 10 years, and wants something new.
- Trading hours:
- 9:00 am to 23:00
- Inventory / Stock value:
- R80,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Western Cape
- > Cape Town
- > Cape Town
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