Profitable Restaurant In Magalieskruin For Sale

Description

Business type: family restaurant and pub

Location: Magalieskruin, Pretoria

Current ownership period: more than 6 years

Current status: established operating business

Financial information

Asking price: R5,500,000

Average monthly turnover: approximately R1,300,000

Gross profit margin: 48%

Assets: included in the asking price

Goodwill: included in the asking price

Location

Trading position: busy corner

Visibility: high

Traffic exposure: high

Customers

Local customer base: established

Visitor customer base: established

Community support: established

Staff and management

Trained staff: in place

Long-term staff: remaining with the business

Experienced manager: available

Handover assistance: available

Operations

Restaurant operation: active

Pub operation: active

Operating infrastructure: in place

Food offering: established

Entertainment

• Talent shows
• Competitions
• Regular entertainment

Additional revenue

Gambling Board contract: newly signed

Additional revenue potential: available through the new contract

Further information

Further business details: available

Owner meeting: required for confidential information