Price Range: From To

Cattle Baron Restaurant For Sale

R1,250,000

Business Description

Well established franchise steakhouse located in upper class residential area in the Northern

Suburbs of Cape Town.

Excellent value and strong franchisor backing with low monthly royalties making this an exciting opportunity and a golden proposition for a hands on owner/operator.

 

Business Details

  • Property ID: CO043
  • Price: R1,250,000
  • Turnover: R3.4mil
  • Actual Profit/Year: R395k
  • Turnover range: R3 mil - R4 mil
  • Profit range: R300k - R500k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner has other business interests
  • Business history: 15 years (6 years under current owner)
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details:
  • Rent & lease terms: R24 112 per month
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: +/- R950 000
  • Stock included in sale: no
  • Value of stock: +/- R60 000
  • GENERAL COMPANY INFO:

  • Employees: +/- 18 (depends on seasonality)
  • Trading hours: Normal Restaurant Trading Hours
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Northern Subburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Corné Oosthuizen
    0796934220
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