Premier Mediterranean Restaurant, set in vibrant entertainment hub, For Sale

Description

Business type: Mediterranean restaurant

Location: greater Johannesburg area

Trading history: approximately 25 years

Current status: established operating business

Location

Trading position: major entertainment venue

Operating location history: approximately 25 years

Food offering

Cuisine: Mediterranean

Restaurant format: full-service dining

Wine offering

Wine cellar: established

Wine labels: more than 300

Wine selection: local and international

Wine pairing specialist: available

Diners Club Wine List awards: 20

Premises and fit-out

Latest major revamp: completed just over 2 years ago

Restaurant fit-out: maintained and modernised

Staff and management

Trained staff: in place

Management team: in place

Founding family involvement: ongoing until sale

Customers

Customer base: established

Repeat clientele: existing

Financial information

Profitability: reported as profitable by the seller

Reason for sale

Owner retirement: planned

Potential buyers

• Owner-operators
• Restaurant operators
• Hospitality groups
• Investors