086 1222 021

info@scsgroup.co.za

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Very well established and popular Burger institution in Central Cape Town for sale For Sale

R5,250,000

Business Description

This gourmet burger restaurant is a pioneer in the burger market and has won various National and International Awards over the years. It is a go-to place for many locals and foreigners alike. Well established with a very solid following.

This is an amazing business that has been around for many years. It is an institution in Cape Town and is consistently busy. This business is known worldwide for its burgers and has really stamped down their authority as one of the best burgers restaurants in the country. A must for any burger lover.

Business Details

  • Property ID: MDK049
  • Price: R5,250,000
  • Turnover: R12mil
  • Actual Profit/Year: R1.45mil
  • Turnover range: R10mil+
  • Profit range: R1mil-R2mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Focus on other businesses
  • Business history: 10+ years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 700sqm
  • Rent & lease terms: R 78 000 per month / 3yrs with option of renewal. Signed June 2018
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R1.2 mil
  • Stock included in sale: No
  • Value of stock: R200 000
  • GENERAL COMPANY INFO:

  • Employees: 25
  • Trading hours: 12:30 – 23:30 Monday - Saturday
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Cape Town CBD
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Mark de Klerk
    0826510338
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