021 552 1018

[email protected]

Price Range: From To

Business Description

Well established restaurant and owner-operated. Been started by Italians in the late ’90s and
been kept in the family ever since. Fantastic set up for any passionate food lover that wants to
own their first restaurant or to be absorbed in the existing chain of restaurants. The staff been well
trained and been with the business for years. Training will be provided in handover peri

Business Details

  • Price: R1,500,000
  • Turnover: R2.6mil
  • Actual Profit/Year: R700k
  • Turnover range: 2mil-R4mil
  • Profit range: R50k-R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner wants to relocate to the UK
  • Business history: 20 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 150sqm
  • Rent & lease terms: R16 461 per month / Lease renewed in 2019 / 5 year lease
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: +/- R600 000
  • Stock included in sale: No
  • Value of stock: +/- R80 000
  • GENERAL COMPANY INFO:

  • Employees: 8-10 staff members
  • Trading hours: 08h00 - 22h30, Monday to Sunday
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Dewald Olivier
    0732035583
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