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#Business ID: 38923

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2 x Restaurant & Gin Bars in JHB For sale

Business Location: Johannesburg, Gauteng, South Africa

Asking Price: R 5,000,000 Revenue: R 16,723,044 Cash Flow: R 494,808

[Furniture / Fixtures included]

Business Summary

When Opportunity knocks best is to open the door. Not often do you get given the chance to own two up-market establishments that does not only have the best Locations in two upmarket Sandton Suburbs, but also due to the owners’ personal circumstances, it is being given away at this reduced asking price. The current owners are legends in the Restaurant industry with many combined years of experience. These particular stores are been sold due to one of the partners semi- grating to the Coast.

Any restaurateur will see the opportunity here to either rebrand or to continue with the current trading name which has great goodwill and excellent Reviews. These stores has spared no cost in the rebranding and has top end décor and Equipment.

The size of this stores are estimated at around 400sq meters each, thus having excellent potential to increase and even double the turnovers. The staff are all well trained and long standing.

The kitchen is centred around their char-coal grill and master grillers, who are highly skilled. the meat is locally grain-fed beef, aged to tender perfection and prepared to the client’s personal taste. the team has been in the family of restaurants for up to 15 years.

The bar boasts some of the best Gin in the world, expertly matched with craft tonics and elegantly accented garnishes.

They serve Jozi street food & comfort food with an upmarket twist.

The welcoming restaurant and smoking bar are a home from home.

The ambiance embraces the nostalgia of Jozi as an industrial city built on gold.

Please contact us for more details.

Property Details

Years Established:

2021

Property Type:

Lease

FF&E:

R 8,900,000

Inventory Value:

R 700,000

Other Business Details

Business Location:

These restaurants are based in Sandton.

Miscellaneous Details

Reason For Selling:

Owners want to invest in other ventures.

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