Established And Profitable Portuguese Restaurant For Sale

Description

Business type: Portuguese restaurant

Trading history: more than 12 years

Current status: established operating business

Profitability: reported as profitable

Customers and seating

Seating capacity: more than 150 guests

Family dining: accommodated

Functions: accommodated

Group bookings: accommodated

Loyal customer base: established

Food offering

Cuisine type: Portuguese

Pricing position: affordable

Local reputation: established

Financial information

Monthly turnover: R620,000

Monthly net profit: R151,000

Asking price: R2,400,000

Investment returns

ROI: 67%

Estimated payback period: 18.5 months

Reason for sale

Owner age: 78

Owner retirement: reason for sale

Buyer requirements

Non-disclosure agreement: required

Proof of funds: required

Further information: available after buyer qualification