• Located in an up-market. secure and popular shopping centre
  • Most major retailers represented
  • Centre about to be extended with a much needed Phase 2 add on development
  • Store trading for more than 12 years
  • Based on the type of menu mix, the business has below average food costs, delivering above average GP’s
  • Double deck layout with an approx. 330sqm total size
  • Full liquor licence, with considerable seating outside
  • Manager run with owner involved only about 30% of the time
  • Strong head office support within a larger restaurant group
  • Total number of staff inclusive of management and waiters – 32
  • Average monthly sales / turnover for the past 12 months: +/- R1 030 000
  • Average monthly Food Cost for the last 12 months:  37%
  • Average monthly Gross Profit for the past 12 months:  63%
  • Average monthly Net Profit (EBITDA) for the past 12 months inclusive of owners salary / drawings: +/- R140 000
  • Owner heavily involved in other business interests and has reluctantly decided to sell this very profitable restaurant
  • Asking price: R3.2 million (excl.stock.) +Franchise joining fee of R150k.

Further info will only be provided upon signing an NDA and Proof of Funds.

Contact Tony – 083 553 8886 or email tony@biz2sell.co.za