086 1222 021

info@scsgroup.co.za

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Afro-Centric Restaurant in CBD For Sale

R1,100,000

Business Description

In the short time this venue has been operating it has already built a solid
reputation for excellent quality African inspired food delivered in a vibey,
classy environment. Attractive to locals and tourists alike, the restaurant has
a full bookings list for the coming summer months.

Business Details

  • Property ID: GRS059
  • Price: R1,100,000
  • Turnover: R1.7mil
  • Turnover range: R1mil-R2mil
  • Profit range:

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Emigration
  • Business history: 6 months
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 260sq.m
  • Rent & lease terms: R57 000 per month / 2.5 years left, 3 year renewal option
  • ASSETS AND STOCK:

  • Assets included in sale: TBC
  • Value of assets: R 600 000
  • Stock included in sale: No
  • Value of stock: R 40 000
  • GENERAL COMPANY INFO:

  • Employees: 12 incl casuals
  • Trading hours: 11h30 to 02h00 Mon to Sun
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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