Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Grill And Ale Restaurant For Sale

Magaliesburg, Gauteng
Asking Price:
R550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
Under R100K

• Type of Business: Restaurant – Grill and Ale
• Selling price: R550 000
• Owner: The owner is 100% shareholder.

• The business is located very close to the Kollonade Shopping centre favourite hot spot. Plenty of residence apartments, schools, churches and shopping centres nearby.
• Presently, the facilities are divided into three parts:
o Back closed sitting area with the capacity to accommodate approximately 40 people. This area has a multipurpose with live music facility and can be used for any event. 7 tables with umbrellas and 20 chairs are available.
o Closed lounge area which is open from 2 sides with a roof over it, bar and fireplace. The lounge can accommodate 30 people with sofa/booth type sitting arrangement.
o Open front area, which can be used as a smoking area, or lovely outside dining under beautiful vineyards and looking out on the Magalieskruin mountains. Can comfortably seat 20 people. Wooden benches with seating available.

• Operation hours presently:
o 11:00 hrs to 20:00 hrs – Tuesday, Wednesday, Thursday
o 11:00 hrs to 22:00 hrs – Friday (later in case of special dinner nights)
o 09:00 hrs to 22:00 hrs – Saturday (to accommodate for breakfast, which is very popular for our place)

· Parking facility: @ 25 cars can be parked in our own premises
· License: All required valid licenses are available. All papers available for inspection.
· Reason for sale: The undersigned who is 100% shareholder of the business is planning to immigrate
· Present staff strength: Total 3 permanent employees - all South African. Other staff work on temporary basis

It would be ideal to visit the place personally. Let us know your plans for visit.

Property information

Real Estate:

Lease

Lease Terms:

Current lease still in place for another 24 months and can be renewed

Leasehold Rent:

R200,000 per annum

Location:

Magalieskruin - Montana - Pretoria

Business Operation

Reasons for selling:

Owners relocation

Trading hours:

• Operation hours presently:
o 11:00 hrs to 20:00 hrs – Tuesday, Wednesday, Thursday
o 11:00 hrs to 22:00 hrs – Friday (later in case of special dinner nights)
o 09:00 hrs to 22:00 hrs – Saturday (to accommodate for breakfast, which is very popular for our place)

Employees:
3
Years established:
2 Years

Other Information

Furniture / Fixtures value:
R400,000 - included in the asking price
Inventory / Stock value:
R60,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here