Price Range: From To

Restaurant for Sale: Well Established Spur Southern Suburbs/Peninsula For Sale

R2,500,000

Business Description

Will suit owner operator. To set up a new similar spec Spur like this will cost up to R5 million.
Great opportunity to maximise profits, with active owner operator.

Business Details

  • Property ID: AKAS079
  • Price: R2,500,000
  • Turnover: R10mil
  • Actual Profit/Year: R860k
  • Turnover range: R10mil+
  • Profit range: R500k-R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Seller wishes to focus on other Business Interests
  • Business history: 15 Year plus
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: TBC
  • Rent & lease terms: R60k per month / 5 years plus 5 years option to renew
  • ASSETS AND STOCK:

  • Assets included in sale: Business sold as going concern
  • Value of assets: Asset list available on request
  • Stock included in sale: Stock excluded in quoted price
  • Value of stock: As per final stock count
  • GENERAL COMPANY INFO:

  • Employees: Standard
  • Trading hours: 9am till 9pm / 7 Days a week
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Southern Suburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Anton and Annie
    0797367912
    Facebook Twitter Linkedin

    Inquire about this business listing