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Established Reputable Restuarant In Johannesburg Northern Suburbs For Sale

Northcliff, Gauteng, South Africa
Asking Price:
R4,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3M - R8M
Cash Flow:
R500K - R1.5M

An amazing opportunity is available for a restaurateur to invest in a well-established sit-down restaurant with a strong take-away section. This beloved restaurant has built a stellar reputation for over 30 years, and has a star local following. There is a sound foundation to expand this beloved brand into a few areas.

Overview of Restaurant:
- High return on investment opportunity
- Well-situated location
- 30-year reputation with established return patrons
- Expansion potential
- Strong take-away section

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Location:

Prime main road location.

Size in square feet:
300sqm

Business Operation

Expansion Potential:

The potential to expand this beloved reputable restaurant exists.

Competition / Market:

There are not many direct restaurant competitors in this location.

Reasons for selling:

Retirement.

Trading hours:

Tuesday to Sunday: 09:00 to 00:00

These hours can be adjusted by the new owner.

Employees:
10
Years established:
30

Other Information

Support & training:

There will be training provided to the owner on the operations of the restaurant.

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R100,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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