Steakhouse Restaurant In Pretoria For Sale

Business description

This well established steak and grill house offers a variety of meals, take-aways and even an in-house butchery where the public can buy at wholesale prices. Take away deliveries are done to nearby offices. This restaurant can seat 150-180 guests.

Property information

Real Estate:

Lease

Location:

Situated in popular restaurant strip.

Premises details:

Current lease ends at the end of May 2012.

Size in square feet:

400sq/m

Business Operation

Expansion potential:

Owner is in the process of adding Pizza's to the menu for more revenue as well as a new cocktail range.

Competition / Market:

The business is situated within a strip of various restaurants.

Reasons for selling:

Owner wants to focus more on franchising his businesses.

Trading hours:

The business operates from 10am - 10pm Monday to Thursdays and stay open until 11pm on Friday and Saturdays and only until 5pm on Sundays.

Employees:

10 x Kitchen staff, 2 x Bar men, 1 x Butcher, 5 x waiters during the week, about 8-10 waiters over the weekend. Owner and his wife. Permanent staff are very stable.

Years established:

5 years

Other information

Support & training:

Owner will assist with training.

Furniture / Fixtures value:

R700,000 (included in the asking price)

Inventory / Stock value:

R150,000 (included in the asking price)

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