Price Range: From To

Popular Contemporary Restaurant For Sale in Franschhoek For Sale

R3,200,000

Business Description

This restaurant offering has been very popular over the last 7 years in Franschhoek and offers something quite unique.

The restaurant has a cosy and home styled dining lounge feel where almost all tables are a ‘’chefs table’’. The restaurant has an open view kitchen which creates a great interaction between guests that want to be part of the food preparation process.

There is inside and outside seating available with magnificent views weather permitting.

This is an ideal opportunity for an aspiring chef or investment buyer. Highly Recommended!

Business Details

  • Property ID: CO050
  • Price: R3,200,000
  • Turnover: R6mil
  • Actual Profit/Year: R1.2mil
  • Turnover range: R5mil - R6mil
  • Profit range: R1mil - R2mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner has other business interests
  • Business history: 7 years (current location 3 years)
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 48 seats inside plus seating in the bar area. 40 seats outside weather permitting.
  • Rent & lease terms: R45 985 excl Vat / 5 Year Lease with Renewal Option (2,5 years left)
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: +/- R1,25 million
  • Stock included in sale: Yes
  • Value of stock: +/- R125 000
  • GENERAL COMPANY INFO:

  • Employees: Current staff compliment is 12. During busy times causal are used.
  • Trading hours:
  • Support & training: Support and training provided
  • Business Address

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