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

Description

Business type: upmarket restaurant

Location: Northern Suburbs

Current status: established operating business

Profitability: reported as profitable

Financial information

Asking price: R10,500,000

Price status: reduced

Annual turnover: approximately R30,000,000

Annual net profit: approximately R4,500,000+

Estimated payback period: less than 24 months

Customers

Upmarket customer base: established

Repeat customers: established

Local celebrity clientele: existing

Operations

Management team: in place

Trained staff: in place

Professional staff structure: established

Premises and interior

Interior design: professionally completed

Premium fit-out: in place

Dining environment: established

Food offering

Menu: established

Cuisine positioning: premium

Training and handover

Training: provided

Management handover: included

Further information

Additional business information: available on request