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Franchised Beachside Restaurant For Sale

West Coast, Western Cape
Asking Price:
R3,500,000 Furniture / Fixtures included
Sales Revenue:
R20,000,000
Cash Flow:
R1,000,000

A uniquely South African brand, fully equipped, in an iconic Cape Town beachside location. After a financial setback in 2013/14, the restaurant has undergone a successful turnaround program over the last 2 years under the current ownership. It is now profitable, growing and set to achieve its full potential with some further attention to basic performance parameters. Opportunities such as this seldom come to market.

Property information

Real Estate:

Lease

Location:

Cape Town

Premises Details:

350 seater

Business Operation

Expansion Potential:

Yes

Reasons for selling:

Shareholders are parting

Trading hours:

Normal Restaurant Hours

Employees:
76 (including a full time manager)
Years established:
6 years (2 & 1/2 with current owner)

Other Information

Support & training:

Full Support and Trainig

Furniture / Fixtures value:
R1,900,000 - included in the asking price
Inventory / Stock value:
R300,000
Related Documents:

Contact Broker

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