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Prime Well-Known Upmarket Profitable Restaurant In Northern Suburbs For Sale

Sandton, Gauteng, South Africa, ID 221675

Prime Well-Known Upmarket Profitable Restaurant In Northern Suburbs For Sale 1
Prime Well-Known Upmarket Profitable Restaurant In Northern Suburbs For Sale 1
Asking price:
ZARR8 900 000
Cash Flow (per year): R4 500 000 zar
Sales Revenue: R40 000 000 zar
Owner
Owner's representative

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Description

Prime well-known upmarket profitable restaurant in northern suburbsPRICE: R8,900,000 (price reduced)TURNOVER: R40,000,000 per annumAVERAGE NET PROFIT: R4.5M per annum++ROI: Less than 24 monthsDESCRIPTION: This is a well-known and established restaurant in the northern suburbs. The restaurant has been designed by leading designers with no expense spared. It has a strong and loyal upmarket customer base. The business operates with experienced management in place and well-trained staff. It is frequented by high-profile clientele due to its menu and overall dining experience. The restaurant is recognised for its quality cuisine and atmosphere.TRAINING: Full training is provided, including management handover.

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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