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Iconic Beachfront Restaurant And Pub In North Coast For Sale

North Coast, KwaZulu - Natal, South Africa, ID 221866

Iconic Beachfront Restaurant And Pub In North Coast For Sale 1
Iconic Beachfront Restaurant And Pub In North Coast For Sale 1
Asking price:
ZARR5 000 000
Cash Flow (per year): R2 000 000 zar
Sales Revenue: R18 000 000 zar
Owner
Owner's representative

Сontact with me Owner's representative

Description

Business type: beachfront restaurant and pub

Location: North Coast, KwaZulu-Natal

Current status: established operating business

Profitability: reported as profitable

Financial information

Asking price: R5,000,000

Turnover: available on request

Profit information: available on request

Location and premises

Position: beachfront

Sea views: uninterrupted

Indoor seating: available

Outdoor seating: available

Large deck: available

Ocean views from deck: panoramic

Food and entertainment

Theme: African-inspired

Restaurant service: active

Pub service: active

Live music: hosted on most days

Happy hour: offered daily

DSTV: available

Big-screen sports viewing: available

Children's menu: available

Customers

Local customer base: established

Repeat customers: established

Tourist customers: existing

Family customers: accommodated

Licences

Alcohol licence: in place

Live entertainment permits: in place

Operations

Kitchen: fully equipped

Bar: fully equipped

Trained staff: in place

Staff retention after sale: available

Turnkey operation: yes

Expansion options

  • Online delivery
  • Tourism marketing
  • Franchising
  • Extended trading hours
  • Breakfast service
  • Beach picnic offerings
  • Sundowner events
  • Hotel partnerships
  • Airbnb partnerships
  • Tour operator partnerships
  • Digital marketing

Reason for sale

Owner focus: other interests

Handover and further information

Owner handover: available

Full financial information: available after NDA completion

Lease details: available after NDA completion

Non-disclosure agreement: required

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities
Support from seller: Training provided
Asking price: 5 000 000 zar
Cash Flow (per year): 2 000 000 zar
Sales Revenue: 18 000 000 zar
Rent (per year): 1 872 000 zar

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