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#Business ID: 38654

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Portuguese Themed Restaurant In Top Entertainment Location In Ekurhuleni

Business Location: Ekurhuleni, Gauteng, South Africa

Asking Price: R 1m to 5m Revenue: R 500k to 1m Cash Flow: R 100k to 250k

[Furniture / Fixtures included]

Business Summary

This is an opportunity for a hands on operator with experience in the food business. The business is currently run by a manager, while he is doing a good job, it can be so much better with a hands on operator. The business is in an excellent location, has 200 seats and has been established for 4 years. Your staff salary bill is around R24k pm. Franchise royalties are 6% of turnover.

Property Details

Size:

350m2 200 seats

Years Established:

4 years

Property Type:

Lease

Other Business Details

Business Location:

Good high value location

Premise Details:

Located within an entertainment center

Competition:

Yes

Expansion Potential:

Limited due to location - turnover wise, unlimited

Business Operation Details

Trading Hours:

7 days a week 11am to 22h00 Friday/Saturdays till 24h00

Support & Training:

Head Office

Miscellaneous Details

Reason For Selling:

Owner is unbundling his assets

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