Asking price:
ZARR1 800 000
Cash Flow (per year): R1 100 000 zar
Sales Revenue: R3 762 234 zar
Owner
Owner's representative
Greyton Restaurant With Air B&B For Sale
Greyton, Western Cape, South Africa, ID 248761
Сontact with me Owner's representative
Description
Financial period: 1 March 2025 to 31 May 2026
Financial period length: 15 months
Financial records: management accounts
Revenue
Sales revenue: R4,456,793
Guest accommodation income: R246,000
Total revenue: R4,702,793
Average monthly revenue: R313,519
Cost of sales
Opening stock: R110,825
Food and drink purchases: R1,557,203
Closing stock: R108,921
Total cost of sales: R1,559,107
Gross profit
Gross profit: R3,143,686
Gross margin: 68.8%
Operating expenses
Bank costs: R34,188
Fuel: R20,522
Printing: R46,626
DSTV: R14,742
Gas: R70,502
Rent: R390,000
Internet: R11,985
Municipality and electricity: R213,096
Repairs and maintenance: R13,073
Salaries and wages: R464,116
Security: R7,592
Phone: R34,053
Entertainment: R427,132
Owner daily meals: included in entertainment expenses
Insurance: R77,116
Total operating expenses: R1,824,743
Net profit
Net profit for 15 months: R1,318,943
Average monthly net profit: R87,929
Business features
Liquor licence: in place
Long-term lease: secured
Equipment: included in the sale
Details
Real Estate:
Lease
Equipment cost: 400 000
Reason for selling:
Relocation
Support from seller:
Hand-over period
Asking price: 1 800 000 zar
Cash Flow (per year): 1 100 000 zar
Sales Revenue: 3 762 234 zar
Rent (per year): 390 000 zar
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