086 1222 021

info@scsgroup.co.za

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CAPE TOWN CBD BURGER BAR For Sale

R450,000

Business Description

Well located in central Cape Town in a high growth area, this burger bar regularly makes it to the top of Trip Advisor for best burgers in Cape Town.
However it needs an owner/operator to realise its full potential.
Owner would ideally like it to remain under the current name but is open to all
offers, as venue is also well suited for a coffee shop or other restaurant concept.

Business Details

  • Property ID: GS032
  • Price: R450,000
  • Turnover: R1.44mil
  • Actual Profit/Year: TBC
  • Turnover range: R1mil-R2mil
  • Profit range: TBC

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Needs an owner/operator - current owner has other business interests
  • Business history: 1 year under current logo, prior 2 years as another burger venue
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 110sqm
  • Rent & lease terms: R21 000 per month / 4 years left, option to renew another 5
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: set up was over R1.5m
  • Stock included in sale: No
  • Value of stock: R 15 000
  • GENERAL COMPANY INFO:

  • Employees: 6 incl manager
  • Trading hours: 11am to 10pm, 7 days a week - liquor licence to 2am
  • Support & training: Full Support and Training
  • Business Address

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