Profitable Licenced Restaurant With Collectables Shop

A bargain with full liquor licence in the heart of Cape Town.

This establishment bustles with activity and offers a unique ambiance.

Serving breakfast and lunch as well as selling collectibles generates 2 income streams

Situated in a popular tourist hang-out and is exposed to constant foot traffic.

This 45 year old business has been run by the current owner for the past 4 years and has huge potential to be taken to the next level.

The owner is emigrating and is keen to sell quickly.

Turnover – R820K pm. (Av Pre Covid – R2.2 mill pm.)

Net Profit – R10k pm. (Av Pre Covid – R200K pm.)

Selling price – Only R800k (excluding stock of +/- R260k).

Furniture, fixtures and fittings are included in the selling price (R600k).