021 552 1018

[email protected]

Price Range: From To

Business Description

Serving delicious cuisine and providing exceptional service, this popular bistro is well-known and loved by locals for their delectable dishes, and authentic South African ambiance. They offer a breakfast menu, a varied range of cuisines, as well as a fine selection of local wines for lunch and dinner. The bistro can seat 70-80 patrons and is located in a prime position serving both residential clients and local businesses. The property of 500m2 is owned by the current restaurant owner, who will be happy to sign a long-term lease.

Business Details

  • Price: R2,900,000
  • Turnover range: +/- R6 300 000 p/a
  • Profit range: +/- R1 907 000 p/a

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner is looking to focus on new venture.
  • Business history: In business for over 8 years.
  • Expansion potential: Potential to further drive the restaurant’s functions and corporate opportunities offering.
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 500m2
  • Rent & lease terms: +/- R23 000 p/m
  • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets: +/- R1 600 000
  • Stock included in sale: Selling price excludes stock
  • Value of stock: +/- R120 000
  • GENERAL COMPANY INFO:

  • Employees: 17
  • Trading hours:
  • Support & training: To be provided.
  • CONTACT BUSINESS AGENT
    Thurston Hillebrand
    061 408 1553

    Inquire about this business listing