Highly Rated Restaurant In Hermanus For Sale

Description

Business type: restaurant

Location: Hermanus, Western Cape

Current status: fully operational

Sale structure: going concern

Location

Trading area: central Hermanus

Visibility: described as high

Foot traffic: described as strong

Customer market: local residents and international visitors

Seasonal trade: supported by whale season and holiday periods

Seating and venue

Total seating capacity: more than 140 guests

Indoor dining: available

Outdoor courtyard: available

Functions and events

• Private functions
• Celebrations
• Wine tastings
• Corporate events
• Experiential dining events

Kitchen and operations

Kitchen: fully equipped

Experienced staff: in place

Supplier relationships: established

Service provider relationships: established

Operational systems: established

Banking infrastructure: in place

Licences and compliance

On-consumption liquor licence: included

Off-consumption liquor licence: included

Regulatory compliance structures: in place

Retail liquor options

• Retail wine sales
• Curated wine store
• Wine tastings
• Wine partnerships
• Takeaway wine sales

Included in the sale

• Operating restaurant business
• Lease agreement
• Landlord relationships
• On-consumption liquor licence
• Off-consumption liquor licence
• Regulatory compliance structures
• Supplier relationships
• Service provider relationships
• Experienced staff complement
• Kitchen equipment
• Operational assets
• Banking and operating infrastructure

Expansion options

• New restaurant concept
• Menu changes
• Extended trading hours
• Additional private events
• Additional corporate functions
• Retail wine sales
• Complementary retail concepts

Ownership and transition

Current ownership period: 8 years

Current owners: passive investors

Reason for sale: investor exit

Handover support: included

Transition assistance: available

Financial information

Historical performance information: available for due diligence

Deferred tax assets: may be available

Operational efficiencies: potential additional value stated by the seller