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 is looking to sell the property as well in the same transaction.

Business Details

  • Price: R2,100,000
  • Turnover range: +/- R6 100 000 p/a
  • Profit range: +/- R1 078 000 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: +/- R2 500 000
  • 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