086 1222 021

info@scsgroup.co.za

Price Range: From To

Cape Town City Bowl Restaurant For Sale

R2,000,000

Business Description

After nearly two decades, this business has become an institution in its hood.
The atmosphere is varied – intimate, candlelit non-smoking area, sizeable
smoking area, heated veranda area and comfy couches.
The option exists to also purchase the pizza delivery business
and/or the property.

Business Details

  • Property ID: GS041
  • Price: R2,000,000
  • Turnover: R4.8mil
  • Actual Profit/Year: R1mil
  • Turnover range: R4mil-R5mil
  • Profit range: R1mil-R2mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Family Commitments
  • Business history: 18 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 240sq.m
  • Rent & lease terms: R38 000 per month
  • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets: TBC
  • Stock included in sale: No
  • Value of stock: R130k
  • GENERAL COMPANY INFO:

  • Employees: 9 plus owner
  • Trading hours: 4pm to close, Mondays closed
  • Support & training: Full Support and Training
  • Business Address

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