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Profitable Licenced Family Restaurant For Sale

Paarl, Western Cape, South Africa
Asking Price:
R4,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R11,500,000
Cash Flow:
R2,200,000

This Licenced family restaurant in Paarl is a real gem!
Although part of a franchise, it has its own distinctive style. It is home to brilliant homemade hamburgers, crispy thin pizzas, juicy steaks and much more.
The atmosphere is vibrant and leaves a lasting impression on its customers.
Regular promotions are part of the package.
It is a true family restaurant with exceptional amenities for the kids. There is ample parking.

The best thing about this restaurant is the price. Asking price is R 4 200 000.
For this price you will get a monthly turnover of R950 000+ per month with a net profit of R180 000+ per month.

In addition, the following is of relevance:
Value of assets included is R1 500 000 plus stock of +/- R160 000.
Salaries: R 135 000 per month – 18 staff members
Rent: R64 000 p.m. The contract is renewable.

Property Information

Real Estate:

Lease

Leasehold Rent:

R770,000 per annum

Location:

Prime upmarket area in Cape Winelands

Business Operation

Reasons for selling:

Owner is emigrating

Trading hours:

7 days a week.

Employees:
18
Years established:
2,5

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full handover and ongoing support by Franchisor

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R150,000 - included in the asking price

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