Business Summary
This revamped and profitable restaurant and takeaway franchise is an exciting opportunity, strategically located in a bustling shopping center that benefits from heavy foot traffic, thanks to prominent anchor tenants. Situated in a well-established, affluent suburb, the restaurant enjoys a prime position that attracts a steady stream of customers looking for high-quality dining options. The brand is renowned for its authentic Italian charm, offering a diverse menu that caters to a wide range of tastes. The menu features classic starters, traditional wood-fired pizzas, mouthwatering pastas, and fresh salads, alongside more contemporary options such as burgers, grills, and indulgent desserts. The warm, inviting atmosphere is enhanced by the restaurant’s traditional wood-burning oven, which serves as a functional kitchen element. Customers can also enjoy a variety of wines and expertly crafted cocktails, making the restaurant a popular choice for social gatherings, date nights, and family meals.
In addition to its sit-down service, the restaurant caters to the growing demand for convenience with a robust takeaway and delivery operation. Orders can be placed directly through the store’s app, offering a seamless user experience, or via the popular MrD app. The new owner also has the opportunity to expand the delivery options by adding Uber Eats, which could further boost sales by tapping into the upper-market areas and expanding the customer base. The business is fully staffed with a team of 12 skilled and experienced employees, who are not only well-trained in delivering excellent service but also capable of managing the restaurant’s operations effectively. This ensures a smooth transition for the new owner and the continuation of the restaurant’s high standards.
The financials demonstrate the profitability and stability of the business, with an average monthly turnover of R552,968 and a net profit of R80,802. The asking price of R2,310,000, excluding stock valued at approximately R100 000. The restaurant has a loyal customer base, and the growth potential that comes with its prime location and diverse menu offerings.
Overall, this is a fantastic opportunity for an entrepreneur or investor looking to acquire a well-established restaurant in a desirable location with proven profitability and plenty of room for growth.
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Property Details
Other Business Details
Business Location:
This business is based in the east of Johannesburg.
Premise Details:
This restaurant is situated in a popular shopping destination that features a variety of retail stores, restaurants, and entertainment options. The center includes major grocery chains, fashion retailers, and specialty shops, catering to a diverse range of shopping needs.
Competition:
There's a health competition in the centre.
Business Operation Details
Miscellaneous Details
Reason For Selling:
The owner has other business interests.