Business Summary
A well-established and profitable restaurant and takeaway franchise situated in a quaint shopping centre in an affluent suburb. The brand offers a traditional Italian flair with their menu ranging from starters, pizzas, pastas and salads to burgers, grills, and desserts. The store is unique and cozy, drawing customers in, with their warm welcoming traditional wood burning oven and their wide selection of wines and cocktails.
This restaurant offers a unique service to cater not only for their sit-down customers, but also a convenient take away option including delivery. There is room for growth in the area with many schools, businesses, homes, and retirement villages. This business has a full staff complement of 16 employees who are well trained and exceptionally reliable.
The business’s assets have been upgraded and are now valued at R1 641 000, and this restaurant generates an average monthly turnover of R381 390 with an average monthly net profit of R41 427. The asking price is R1 000 000 excluding stock of R87 582 on average.
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Property Details
Other Business Details
Business Location:
This restaurant is based on a busy road in Northern suburbs of Johannesburg.
Premise Details:
This restaurant is situated in a shopping centre with other anchor tenants.
Business Operation Details
Miscellaneous Details
Reason For Selling:
The owners have started working on other business opportunities.