Licensed Trendy Restaurant with Collectable 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, therefore generating two income streams.The restaurant is  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. Reason for sale is due to emigrating by owner.

Turnover – R820 000 pm. (Average Pre Covid – R2.2 million pm.)

Net Profit – R10 000 pm. (Average Pre Covid – R200 000 pm.)

Selling price – Only R800 000 (excluding stock of +/- R260 000).

Furniture, fixtures and fittings are included in the selling price (R600 000).