Asking price:
ZARR8 900 000
Cash Flow (per year): R4 500 000 zar
Sales Revenue: R40 000 000 zar
Owner
Owner's representative
Prime Well-Known Upmarket Profitable Restaurant In Northern Suburbs For Sale
Sandton, Gauteng, South Africa, ID 221675
Сontact with me Owner's representative
Description
Business type: upmarket restaurant
Location: Northern Suburbs
Current status: established operating business
Financial information
Asking price: R8,900,000
Price status: reduced
Annual turnover: R40,000,000
Annual net profit: more than R4.5 million
Stated return period: less than 24 months
Restaurant
Market position: well known
Interior design: professionally completed
Customer segment: upmarket
Customer base: established
Repeat customers: existing
High-profile clientele: existing
Food and dining
Cuisine quality: recognised by the existing market
Dining atmosphere: established
Menu: established
Staff and management
Experienced management: in place
Trained staff: in place
Management handover: included
Training and support
Initial training: included
Management transition support: included
Details
Real Estate:
Lease
Employees (ppl): 70
Reason for selling:
Relocation
Support from seller:
Training provided
Asking price: 8 900 000 zar
Cash Flow (per year): 4 500 000 zar
Sales Revenue: 40 000 000 zar
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