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#Business ID: 27905

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PRIME FRANCHISE RESTAURANT IN RIVONIA.

Business Location: Sandton GT, Gauteng, South Africa

Asking Price: R 4,200,000 Revenue: R 1,200,000 Cash Flow: not disclosed

Business Summary

PRIME FRANCHISE RESTAURANT IN RIVONIA.

SELLING PRICE: R 4.2 Million (Excluding opening stock Value R120k)

FRANCHISE JOINING: R 150,000.00

OCCUPATIONAL DATE: 1ST OCTOBER 2017

TURNOVER: R 1.2 MIL + Average P/M

NETT PROFIT: R 260,000.00+ P/M

THE RESTAURANT: This well established operation has stood the test of time moving into its 12th successful year of trade. In addition to its exceptionally high monthly profits, it's beautiful and ascetic designs are created by high ceilings, classy finishes and plenty of color. There is plenty of seating approximately 150m2 plus two outdoor seating areas. Although the design layout was carefully planned by the Franchisor's years of experience design team it allows for your own personal touch. One of the key attractions that keeps customers coming back is its carefully selected menu which includes a large variety of healthy, delicious meals using mainly fresh ingredients. The infrastructure provides customers with breakfasts, business lunches through to family dinners. In addition Menu's are up-dated by bi-annually facilitating any increased food costs and changes in recipes to suite the season. Its range varies between Mediterranean specialties through to traditional Italian dishes. It location in the Mall is perfectly situated capturing trade straight from the car-park, from inside the Mall and many neighboring office parks and businesses. This restaurant is a popular meeting place for both private and corporate customers. The Lease term is 5 years plus a 5 year renewal option.

THE FRANCHISE: This well established Franchisor has successfully developed top-class Restaurants and from previous experience new sites open with a "Bang". It is an extremely popular and well frequented Franchise and offers a National foot-print with plans to expand internationally. Finest milled flour is used to make pizza, pasta & confectionery. Franchisee's with 50% cash are able to Finance the Balance. Dedicated Entrepreneurs' are required however full training will be provided.

Please contact us for more details.

Property Details

Years Established:

10 Years

Property Type:

Real

Inventory Value:

R 120,000

Other Business Details

Business Location:

Ideally located

Competition:

No competition

Expansion Potential:

Great potential

Planning Consent:

None

Business Operation Details

Employees:

47

Trading Hours:

6 am - 10 pm

Support & Training:

Training will be provided

Miscellaneous Details

Reason For Selling:

Other business interests

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