• Category: Office and Business - Businesses For Sale - Retail Business
  • Condition: Used
  • Region: KwaZulu-Natal - Umhlanga
  • Published: 26/03/2020
  • Ad Type: Owner

A PRIME RESTAURANT/FAST FOOD FRANCHISE IN "GATEWAY SHOPPING MALL"

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R 5 500 000 For Sale
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A PRIME RESTAURANT/FAST FOOD FRANCHISE IN "GATEWAY SHOPPING MALL"

SELLING PRICE: R 6,000,000.00 (includes all assets)

TURNOVER: R 12 mill P/A

NET PROFIT: R 1.9 mill P/A

ADDITIONAL COSTS: Rental Deposit, Joining Fee and Opening Stock (stock value R125K)

DESCRIPTION: This 180 seater including both indoor and outdoor Franchise is primely located in a busy and most popular shopping Mall namely Gateway Shopping Mall. Its bold signage and first view as one walks into the Mall makes this outlet one of the most popular food destinations. It has a solid for 11 year track record and is part of a successful Brand and won numerous awards for top Restaurant of the year for many years running. The business has a well established client base which are regularly invited for promotions and specials. Year-end holiday trade pushes performance off the charts. The store is revamped with up-market finishes. There is both spacious inside and outside seating. Two strong managers and 22 staff run a streamline operation. It is one of the most profitable restaurants in the group however the Seller is emigrating. Buyers would benefit from more than 2 decades of industry experience, comprehensive management and staff training and ongoing operational/ marketing support.

PLEASE REPLY FOR FURTHER INFO

MICHAEL: 081 762 1840view more or EMAIL:

  • Category: Office and Business - Businesses For Sale - Retail Business
  • Condition: Used
  • Region: KwaZulu-Natal - Umhlanga
  • Published: 26/03/2020
  • Ad Type: Owner

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0817621840

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