021 552 1018

[email protected]

Price Range: From To

Business Description

This local institution is a hub for breakfast, lunch and dinner trade. They specialise in Portuguese cuisine with an Italian flair offering: Prego, Pizza, Steaks, Pasta as well as Vegan food.

Turnover: +/- R2 000 000 p/a (R5 900 000 pre-covid)

Discretionary Profit: +/- R 295 000 p/a (R970 000 pre-coved)

Business Details

  • Price: R1,990,000
  • Turnover: R2 000 000
  • Actual Profit/Year: R295 000
  • Turnover range: +/- R2 000 000 p/a (R5 900 000 pre-covid)
  • Profit range: +/- R295 000 p/a (R970 000 pre-covid)

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Emigration
  • Business history:
  • Expansion potential: Room to grow to pre-covid level | Increased trading hours
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Leased
  • Rent & lease terms: 5 Year lease
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets:
  • Stock included in sale: Yes
  • Value of stock: R100 000
  • GENERAL COMPANY INFO:

  • Employees: 5 permanent kitchen staff a 5 part to waiters
  • Trading hours:
  • Support & training:
  • CONTACT BUSINESS AGENT
    James Redelinghuys
    083 265 2233

    Inquire about this business listing