086 1222 021

info@scsgroup.co.za

Price Range: From To

Established Mexican Restaurant For Sale For Sale

R1,500,000

Business Description

Turnkey restaurant operation for sale.

Located in a vibey and growing social hub, the restaurant caters to neighbourhhod residents, students and international vistors.

Restaurant is in a good location and has great visibility from the roadway.

Venue is quite large with a sizeable indoor dinning area and bar.

Bar is popular and has a diverse cocktail menu.

Restaurant has a good social media presence.

 

Business Details

  • Property ID: AK006
  • Price: R1,500,000
  • Turnover: R6000000
  • Turnover range:
  • Profit range:

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner wishes to retire.
  • Business history: Established +/- 20 years.
  • Expansion potential: Great potential.
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: Large seating area and bar; premises has ample open parking space
  • Rent & lease terms: Rent +/- R 80 000 per month; 8% annual escalation
  • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets: +/- R3 000 000
  • Stock included in sale:
  • Value of stock: +/- R200 000
  • GENERAL COMPANY INFO:

  • Employees: 25 staff members
  • Trading hours: Monday to Saturday 11AM - 2AM
  • Support & training:
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Anton and Lonique
    0733862147
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