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Newly Renovated Italian Restaurant For Sale

Nieu-Bethesda, Eastern Cape, South Africa
Asking Price:
R3,500,000
Sales Revenue:
R1,400,000
Cash Flow:
R30,000

This newly renovated Restaurant, has a wrap around veranda.

This unique open plan space seats 110 guests in- and outside. It is a fully equipped restaurant with an inventory list for serious buyers to view. It has a large pizza oven in the center of the main building. They also host functions, music evenings and art exhibits.

There is also a separate venue that seats 30 people for conferencing, private parties etc.

Property Information

Real Estate:

Real Property Included

Location:

Prime Location.

Premises Details:

The Restaurant is situated on a 900m2 property.

Size in square feet:
900 m2

Business Operation

Expansion Potential:

There is a large part of the property that can be developed for larger events/functions/weddings.

Competition / Market:

There are 6 other restaurants in town. Each business had its own unique menu.

Reasons for selling:

Owner is relocating.

Trading hours:

Tuesday-Sunday in off season.
7 days a week during peak season

Employees:
3
Years established:
1

Other Information

Support & training:

1 month support and training for new owners.

Furniture / Fixtures value:
R300,000
Inventory / Stock value:
R80,000

Contact Information

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